{"id":300593,"date":"2021-08-23T08:16:20","date_gmt":"2021-08-23T12:16:20","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=300593"},"modified":"2021-08-23T08:16:20","modified_gmt":"2021-08-23T12:16:20","slug":"cardano-price-jumps-8-6-to-2-84-where-to-buy-ada","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/cardano-price-jumps-8-6-to-2-84-where-to-buy-ada","title":{"rendered":"Cardano Price Jumps 8.6% to $2.84 \u2013 Where to Buy ADA"},"content":{"rendered":"

Cardano has been one of the best gainers in the cryptocurrency market. Cardano has managed to gain almost 100% in the past two weeks, making it the best performing altcoin. The altcoin is ranking third with a market capitalization of over $90 billion. Besides, it is still making new all-time highs as it continues accumulating more gains.<\/p>\n

Cardano is trading at $2.84 at the time of writing after an 8.6% gain in 24 hours.<\/p>\n

Cardano Price Analysis<\/h2>\n
\"Cardano<\/a>
Source: Tradingview<\/figcaption><\/figure>\n

Cardano’s bulls have been the most significant in the past few weeks. In the past 24 hours, ADA managed to create an all-time high of $2.84. It is currently trading at this level, and with market support being strong, we expect new highs to be created.<\/p>\n

Buy Cardano Now<\/span><\/a><\/div>\n

If the bulls continue, ADA will create a new all-time high at $2.86. If it manages to break past the major resistance of $2.90, buyers will give ADA the much-needed support to break past $3. Trading volumes remain high, given that most market signals show that ADA is a good buy; hence, the uptrend shows signs of continuation.<\/p>\n

On the other hand, ADA could easily reach overbought levels, given the massive uptrend in recent weeks. If ADA slumps, it will retest the lower support of $2.60. However, the overall bullish sentiment in the broader market could make traders jump in to leverage the dip.<\/p>\n

Cardano’s founder, Charles Hoskinson, has made major appearances to talk about the Cardano network in the past few weeks. Recently, Hoskinson took to Twitter<\/a> to address concerns surrounding the high ADA supply. He urged developers to develop a mechanism that would support ADA burning by anyone who wanted to do so.<\/p>\n

Hoskinson also had an ask-me-anything online session<\/a> where he revealed that the major problem being faced by Cardano was network effects. He stated that his ream was focused on a rigorous peer review process instead of developing market-focused products. This allows the team to make strategic and careful steps to avoid mistakes, given the complex nature of underlying protocols.<\/p>\n

Where to Buy ADA<\/h2>\n

If you want to buy ADA coins, you can create a cryptocurrency exchange on eToro<\/a>. eToro is a renowned copy trading platform. It offers a wide range of user-friendly features. eToro is supported in many countries and gives access to a wide portfolio of cryptocurrencies and trading pairs.<\/p>\n

Looking to buy or trade Cardano (ADA) now? Invest at eToro!<\/strong><\/p>\n

Buy Cardano Now<\/span><\/a><\/div>\n

75% of retail investor accounts lose money when trading CFDs with this provide.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Cardano has been one of the best gainers in the cryptocurrency market. 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