25 C
New York
Saturday, October 16, 2021

Buy now

Cardano Price Is Nearing $ 3 But ADA Chart Fractal Hints At Possible 40% Correction By CoinTelegraph





Cardano price is approaching $ 3, but ADA chart fractal hints at possible 40% correction

Cardano’s native blockchain asset ADA hit a new all-time high on Monday, as investors pinned their hopes on an upcoming smart contracts feature that it hopes to boost cryptocurrency adoption.

The pair peaked at $ 2,899 around 9:00 UTC, leading to anticipation that it would easily close above $ 3 in the coming days.

  • Neither Cardano nor Solana: a trader points out which will be the next cryptocurrency to rise more than 100%

Many analysts, including chartist pseudonym PostyXBT, noted that the Cardano token had entered “price discovery mode.” Meanwhile, David Gokhshtein hinted that the ADA / USD pair could continue its bull run until September 12, the day that Cardano is going to integrate the smart contracts feature to its blockchain through the “Alonzo” update.

Read the full article on Cointelegraph




Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy / sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.




TAMMY SEWELL
Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: Tammy@oicanadian.com Phone: +1 513-209-1700

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
2,984FollowersFollow
0SubscribersSubscribe

Latest Articles