Bitcoin Cash (BCH) and Cardano (ADA) have seen significant price increases recently, attracting the attention of investors and analysts. Technical analysis suggests that BCH could continue to rise, aiming for a peak of $569.10 in 2024. On-chain metrics and positive funding rates on Binance indicate confidence in BCH and expectations for further gains. Cardano has also experienced a 180% price increase in the last month and reached its highest level in two years before a slight correction. Analysts are optimistic about the future of Cardano, with some predicting a rally towards new all-time highs of $5. Growing adoption of Cardano's blockchain and potential favorable regulations in the United States contribute to its growth potential. Both BCH and ADA have promising prospects, with BCH focused on on-chain indicators and profit metrics, and ADA focused on adoption and technological innovations.
- Content Editor ( en.cryptonomist.ch )
- 2024-11-26
Bitcoin Cash and Cardano: important rallies in the price