CandleFocus

Cardano (ADA) Set for 42% Rally, But There's a Catch

According to crypto analytics platform Cryptorank, Cardano (ADA) is expected to experience significant growth in November, potentially reaching over 40% based on its historical trend. Cardano has a history of positive monthly growth, with November historically being a strong month for the cryptocurrency. The recently launched Bitcoin–Cardano Bridge will need to gain traction among users in order to maximize utility and contribute to Cardano's success. Additionally, trading volume must remain consistently elevated for Cardano to achieve its projected growth. The current price of Cardano is $0.3566, up 2.3% in the past 24 hours.

Related News