Cardano (ADA) Cup and Handle pattern forming; Rally imminent?
Cardano (ADA) has been in a downtrend since March, forming lower highs and lower lows. Amidst broader market corrections in August, it also lost its position in the top 10 cryptocurrencies by market cap. At press time, ADA was trading at $0.361 — the last 30 days have seen prices increase by 2.55%, bringing year-to-date (YTD) losses down to 39.09%. ADA price YTD chart. Source: Finbold While it hasn’t been a good year for the token thus far, there are some promising developments — Cardano’s smart contract capabilities have skyrocketed this year — going from just 8,083 Plutus scripts to 91,470 at the time of writing. Picks for you AI predicts Dogecoin price for Halloween 2024 11 mins ago R. Kiyosaki urges investors ‘buy silver before it’...