Analysis: ADA/USD Pencils in a Fresh Bullish Pattern as $2.00 Price Level Remains Within Sight
Cardano (ADA) price continues to trade in a bullish manner above the $0.65 level against the US Dollar.
The price is following a nice uptrend and it recently climbed higher towards the $0.68 level.
About Cardano
Cardano is a decentralized public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a global collective of expert engineers and researchers. The protocol features a layered blockchain software stack that is flexible, scalable, and is being developed with the most rigorous security standards in the industry. Cardano’s roadmap is designed to reflect input from the wider community.
What is the price of cardano today?
The current price of cardano is $0.68. The price has been trading in a bullish manner above the $0.65 level and it recently climbed higher towards the $0.68 level. The next major resistance is seen near the $0.70 level. Above this, the bulls are likely to aim for the $0.72 level. On the downside, the $0.66 and $0.65 levels are likely to provide support in the near term.
What is cardano price prediction?
The price of cardano is expected to continue trading in a bullish manner and it is likely to climb towards the $0.70 level. Above this, the bulls are likely to aim for the $0.72 level. On the downside, the $0.66 and $0.65 levels are likely to provide support in the near term.
Cardano price prediction for 2025
The price of cardano is expected to continue trading in a bullish manner over the long term and it is likely to reach the $2.00 level by 2025.
Tommy Prat is a blockchain developer who is passionate about the technology's potential to revolutionize the world. He has been involved in several successful cryptocurrency projects, and he is excited to see how blockchain can be used to create trustless systems that improve transparency and efficiency. Tommy is also an avid martial artist, and he enjoys practicing Brazilian jiu-jitsu in his free time.
