Will Ada ever hit 100?

The price of ADA is expected to get affected by these variations and may reach a new high of $100, if everything goes as it has been predicted. Is Cardano a good investment? Needless to say, the prices of cryptocurrencies (especially Bitcoin, Ethereum, Ripple etc.) depend upon a number of factors.

Why is ADA going down?

Why ADA Price Is Down. Last week, NewsBTC reported on the possibility of the Cardano smart contracts deployment triggering a “sell the news” event. So far, this seems to have been the case, or what this Twitter user aptly describes as “buy the testnet, sell the mainnet.” This does not mean that most users dumped their bags. In fact, a report from Cardano shows that at least 71% of ADA’s entire coin supply remains locked up in staking contracts, with the current total of staking ...

How high will Ada Crypto go?

This has allowed ADA to start moving higher to the first resistance level that the analyst shows in the charts. This resistance level is at 1.643 USDT and it could continue growing towards 1,90, 2.13 and 2.37 USDT per coin. It would be very important to see how ADA evolves and how it follows the crypto market in the coming months.

Why is ADA going up?

Why is Cardano going up? The ADA cryptocurrency is currently going through an all-time high and is expected to surge to a greater extent in near future. There are a couple of reasons for the same, the first being that Cardano claims to be an environment-friendly cryptocurrency.