• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Will ADA Price Hit $1 Or Plunge Post 128% Rally?
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Price Analysis > Will ADA Price Hit $1 Or Plunge Post 128% Rally?
Price Analysis

Will ADA Price Hit $1 Or Plunge Post 128% Rally?

vitalclick
Last updated: November 20, 2024 10:50 am
6 months ago
Share
SHARE

Contents
Story HighlightsADA Coin Price Retests It’s 52-week High!Will ADA Price Hit $1 This Week?FAQs

Story Highlights

  • Cardano price is on the path of recording a new 52-week high.
  • Technical indicators experience strong bullish sentiments, indicating positive action.
  • The ADA price records its March high with a 4% intraday jump.

With Bitcoin price recording a new all-time high during the early Asian hours today, top altcoins have recorded a similar price action by retesting their important resistance levels. Following this, the Cardano price has added 4.85% to its valuation and is on the verge of achieving a new 52-week high.

Are you one of many who are closely analyzing the price movements of this crypto token? In this article, CoinPedia’s expert panel has comprehended a possible short-term price analysis report just for you!

ADA Coin Price Retests It’s 52-week High!

With an intraday jump of ~5%, the Cardano price is constantly headed toward its $0.80 mark. With a 24-hour trading volume of $2.282 billion, this altcoin is currently changing hands at $0.7854.

TradingView: ADA/USDT

Notably, this project has soared over 100% within days following its owner showing his favor to President-elect Donald Trump. Moreover, currently, ADA has a market capitalization of $27.696 billion and has secured the 09th position.

The Relative Strength Index (RSI) shows a constant price trend above the overbought range in the daily time frame. This indicates a bullish outlook for the altcoin this week.

The Simple Moving Average (SMA) constantly supports the Cardano price chart, highlighting a significant rise in the buying-over-selling pressure for this altcoin.

Will ADA Price Hit $1 This Week?

Maintaining the price above its support trendline of $0.7750 could set the stage for it to head toward its resistance of $0.8875. Further, if the bulls continue dominating the crypto space, this could push the Cardano price to its target price of $1.

However, a trend reversal could pull the price toward its support level of $0.6850. Moreover, if the bears outrun the bulls, the Cardano token may plunge to its lower support trendline of $0.60 during the upcoming time.

Wondering if the ADA price will reclaim the $1 mark this month? Read CoinPedia’s Cardano Price Prediction and also subscribe to us for the latest news of the crypto-verse!

FAQs

What price will ADA be in 5 years?

Evaluating the present market sentiments, the Cardano price may reach a maximum of $7.79 in 2029.

Can Cardano reach $20?

For the ADA price to reach this mark, it will require a run of 2,446.47% in its valuation.

Is ADA coin worth buying?

With a monthly surge of ~116%, this altcoin is currently under the limelight of the crypto market and whale investors.

You Might Also Like

HBAR, ONDO, & QNT Price to Explode Soon

Should You Buy More TRUMP to Have Dinner With President Trump? Will the TRUMP Price Sustain Above the Gains?

After a 90% Rise, Algorand is Unwinding-Even so, $1 Target Remains Activated for ALGO Price Rally

Will U.S. Elections Drive Bitcoin to a New All-Time High?

Why Ethereum (ETH) Price Is Down Today?

TAGGED:Price Analysis
Share This Article
Facebook Twitter Email Print
Previous Article Big Rally Signals in Solana! New Records May Be Coming!
Next Article BlackRock’s IBIT Options Set a Record in Bitcoin! Here are the Details!
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?