Cardano’s upward trajectory in the Bittrex Hurdle is no secret. But with an increasing number of Cardano (ADA) investors joining the exchange, the bearish sentiment is showing up in the Margin support. As you can see in the chart below, Cardano’s price has been in a downtrend since the beginning of 2018, and the bearish feelings are not too far away.
Ever since the launch of Cardano, the project has been in a continuous upward trajectory. It started with a blockchain for Hurdle trading in South Korea, and a couple of months later, a blockchain for cardano in the form of a wallet. And a couple of months after that, a blockchain for Cardano in the form of a wallet. Now, a week or two after that, a blockchain for Cardano in the form of a wallet that’s been created from scratch.
Cardano has climbed significantly since Q3 of 2018. The upward trend has continued into Q4. This past month, the daily volume traded exceeded $2.5 billion. The volume of ADA traded in the past month has increased by 65% compared to Q4 of 2018. It would seem undeniable that Cardano’s upward trend is not stopping.
From the looks of it, Cardano (ADA) has come in leaps and bounds in the past twelve months. (It’s one of my favorite cryptocurrencies, and I’m hoping to write more about it in the near future.). Read more about cardano consolidation and let us know what you think.
This article broadly covered the following related topics:
- cardano news
- how high can cardano go
- cardano future value
- cardano forum