Cardano Price Forecast as $500 Million Trading Volume Floods In – Can ADA Reach $1?
Source: TradingView The cardano price has risen by 6% in the past 24 hours, surging to $0.404805 as the coin's 24-hour trading volume surpasses $600 million. This is its highest in nearly two weeks, with ADA also up by 8% in seven days and by 59% in a month. This makes ADA one of the best-performing major cryptocurrencies in the market, with growth in the usage of the Cardano-based stablecoin DJED one of biggest factors in its recent growth. And with the rise of DJED also pointing to the growing utility of Cardano itself, it signals the possibility that ADA may end up being one of the biggest winners in the market this year. Cardano Price Forecast as $600 Million Trading Volume Floods In – Can ADA Reach $1? ADA's indicators show that the altcoin is in the middle of a pronounced upswing. Its relative strength index (purpole) has jumped to 70 or above in the past couple of weeks and it remains there, signalling ongoing positive momentum. Source: TradingView Ev...