Cardano (ADA) Price Prediction 2022 - RVOL, MA, and RSI If this trend continues, ADA might run along with the bulls overtaking its resistance level at $2.3750.Īccordingly, if the investors turn against crypto, the price of Cardano (ADA) might plummet to almost $0.4130, a bearish signal. The charts show that Cardano (ADA) has performed a bullish trend over the past month. ADA price prediction 2022 is explained below with a daily time frame.ĪDA /USDT Support and Resistance Levels (Source: TradingView )įrom the above daily time frame, we can clearly interpret the following as the resistance and support levels of Cardano (ADA). Cardano (ADA) Price Prediction 2022Ĭardano (ADA) holds the 8th position on CoinGecko right now. It aims to scale the permissionless nature of the DeFi space and aid the mission of banking the unbanked. Eventually, the layer-2 update, Hydra, was integrated onto the existing network in late 2021.Ĭardano has been built as an upgraded version of Ethereum’s smart contracts network. This “third-generation blockchain” initially existed as a layer-1 solution. This sustainable blockchain uses the Proof-of-Stake (PoS) consensus mechanism, Ouroborus. What is Cardano (ADA)?Ĭardano (ADA) is the native token of the Cardano blockchain. Currently, Cardano (ADA) trades in cryptocurrency exchanges such as Binance, KuCoin, OKX, Gate.io, FMFW.io and Coinbase Exchange. Moreover, Cardano (ADA) has a circulating supply of 33,820,262,543 ADA. However, ADA has increased by nearly 1.3% in the last 24 hours. Cardano (ADA) Current Market StatusĪccording to CoinGecko, the price of Cardano (ADA) is $0.463905 with a 24-hour trading volume of $427,106,450 at the time of writing. In Cardano(ADA) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about ADA to analyze the future movement of the cryptocurrency. Bearish ADA price prediction for 2022 is $0.4130.Cardano (ADA) price might also reach $5 soon.Bullish ADA price prediction is $0.7354 to $2.3750.Posted on Aug(August 26, 2022), 5:40 pm by Cianna Joy 3 days ago | 8 mins read Price Prediction