The Cardano cryptocurrency has been experiencing a downward trend since its peak in August 2021, with its current trading price at $0.347. However, market analysts believe that Cardano's price could be forming a long-term bottom, potentially signaling a reversal and the beginning of a bull market. It's important for investors to be cautious, though, as Bitcoin's resistance level of $67,000 could impact altcoin movements.
- Content Editor ( coingape.com )
- 2024-10-18
Analyst Says Cardano Price Is "Bottoming" After Hitting Two-Year Low