The Cardano blockchain network launched digital currency ADA
, named after Ada
Lovelace, who wrote the first computer program. ADA
is fast, secure and has low fees. Cardano, however, is more than just a digital currency network. It is also a platform that can run decentralized applications (dApps). These dApps add functionality to the network, similar to adding functionality to our smartphones by through mobile apps.
Price action has shown us a Change of trend from Bearish
as series of higher highs and higher lows.
If price holds and closes above the Downtrend resistance line we should see a good run to our price projections. This is a must for your long term portfolio of coins.
See price projections for targets.