ADA Price Up 4.5% In 24 Hours: Why Is Cardano Going Up?
Posted On November 29, 2024
Cardano (CRYPTO: ADA) is up 4.5% over the past 24 hours, boosted by altcoins enjoying bullish sentiment.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Cardano (CRYPTO: ADA) | $1.05 | $37.4 billion | +4.5% | +8% |
Algorand (CRYPTO: ALGO) | $0.39 | $327 billion | +30% | +62% |
Ripple (CRYPTO: XRP) | $1.70 | $96.6 billion | +15% | +14.5% |
Trader Notes: Crypto trader Brandon Hong noted in a post on X on Friday that Cardano offered traders an entry of around 80 cents.
From current levels, he anticipates ADA to push higher to $1.20 and, if that level is successfully reclaimed, possibly to $1.60 or further.
Pseudonymous trader Ssebi also targets $1.25, while …