The post Will Cardano (ADA) Price Hit $1 This Week? appeared first on Coinpedia Fintech News
Cardano is gaining bullish momentum as the crypto market continues to hit higher highs and Bitcoin is inching closer to the $100,000 mark. With the third bullish week in motion, the ADA price is nearing the $1 milestone.
Will the ongoing bull run in the ADA price trend achieve the $1 milestone? Let’s find out.
Cardano Price Analysis
In the daily chart, the Cardano price action shows a streak of bullish engulfing candles leading the bull run. Currently, it has crossed the $0.80 mark and is inching closer to the $1 price target.
Tradingview
In the daily chart, Cardano price action forms the fifth consecutive bullish candle. Furthermore, the recent surge accounts for a 22.87% surge in the last four days. However, in the last 17 days, with just two bearish candles, the ADA price has surged by 165% from the low of $0.32.
The growing bullish influence has led to a positive cros
We współpracy z: https://coinpedia.org/price-analysis/will-cardano-ada-price-hit-1-this-week/
