Cardano (ADA) May Rally 40% If This Scenario Repeats Itself

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Cardano (ADA) May Rally 40% If This Scenario Repeats Itself
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$ADA is on verge of 40% rally, here's main possible driver cardanoada cardanocommunity cardano iohk

Digging deeper into the data, the number of addresses holding between 1 million and 100 million ADA has increased by 36 since the start of the year. The price of the token reacted accordingly, showing an increase of 59% in just over a month. Now, the scenario is unfolding in such a way that the price of Cardano's native token could double from the beginning of the year, if the history with large transactions repeats itself.ADA is currently trading at $0.

is not in a hurry to fall as it usually does after unsuccessful resistance assaults, which leaves the chance for a continuation of the positive trend.

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