Analysts Are Bullish On ADA But Price Keeps Tanking, What’s Going On?

Analysts Are Bullish On ADA But Price Keeps Tanking, What’s Going On?
One coin that analysts seem to still be bullish on is Cardano’s native token ADA. However, despite all of the faith that remains in the digital asset, the price continues to tank and has fallen below multiple important support levels. Analyst Goes Deep On Cardano In an interview hosted by Altcoin Daily, crypto analyst Hashoshi shares very bullish views on the Cardano network. He starts out by explaining that the design decisions being made by the Cardano network have been some of the better ones in the space. Going further, Hashoshi lauds the development rate of protocols on the blockchain as projects continue to build. Related Reading: Ethereum Whales Send $486 Million To Coinbase, Time To Exit? “Cardano’s done things almost completely different from the start,” the analyst said. “They’re in a good position right now, despite what people might believe, to make a resurgence if the conditions are correct,” he further added. For the price of ADA, the analyst explains that with liquidity coming back into the crypto space, the price of the digital as ..

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