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Cardano Price Eyes 19% Rebound as Chang Upgrade Nears

source-logo  coingape.com 07 August 2024 08:31, UTC

The Cardano price is showing signs of a potential rebound, with a possible 19% increase on the horizon as the Chang Hardfork approaches. Despite experiencing significant losses in the recent market downturn, Cardano has been one of the strongest assets to recover. The technical analysis suggests a solid bounce from the bottom of a falling channel, which indicates that buyers are returning to the market, possibly in anticipation of the upcoming upgrade. This renewed interest and market activity could propel ADA’s price upward in the short term.

coingape.com