Cardano Price at $2.85 after 9.1% Gain – How to Buy ADA
Cardano is currently the third-largest cryptocurrency, with a market capitalization of over $91 billion. The rise in the coin’s market capitalization has been attributed to increased buyer support caused by increased network activity. Market support experienced in the broader market during the past month has also had a role to play.
Cardano has gained 9.1% in the past 24 hours and is trading at $2.85 at the time of writing.
Cardano Price Analysis
In the past month, ADA has been making a bull run towards $3. Despite failing to reach this level, ADA has created new highs that have even led to creating an all-time high at around $2.95.
In the past 24 hours, market support has been strong, and despite slight pullbacks during intraday sessions, ADA has made significant gains, as it retested $2.90. ADA’s buyer support remains high, hence with support from the … Read more