Cardano is a blockchain project which is very known in the crypto community. ADA is the name for the cryptocurrency that powers this unique blockchain, serving as a medium for fast and easy transfers.
There are various predictions regarding how ADA’s price might develop in 2019 and in today’s article we will be trying to analyze them and see which one is the most plausible.
Cardano Price Prediction for 2019
Although Cardano exited 2018 without having too optimistic prospects, ADA entered 2019 with a slight promise of growth, the coin currently trading at $0.083 US.
Like the rest of the market at the beginning of 2018, ADA reached an all-time high of $1.32, but in less than a month, at the start of February, its price started dropping to $0.27.
This downward trend continued throughout February and March 2018, as ADA mimicked the overall market slump. As in April, May and into June, Cardano had no significant announcements, its price failed to make any noticeable gains and losses. It continued to…