CARDANO. Trend analysis 2021
Review
The price of Cardano increased by 800% in the first months of 2021.
But despite this, in the last weeks of March there is a decline and the price may fall to 1 dollar.
Capitalization reached 35.9 billion at the end of March 2021.
The number of transactions in recent months has remained somewhat stable in the range of 30-40 thousand per day.
Scripts
Based on this, the most likely scenario is further fluctuations in the range of 1.2-1.5 dollars.
An optimistic scenario is possible, provided the number of transactions increases and the price of bitcoin rises, which could lead the market to a new capitalization record.
The price of Cardano increased by 800% in the first months of 2021.
But despite this, in the last weeks of March there is a decline and the price may fall to 1 dollar.
Capitalization reached 35.9 billion at the end of March 2021.
The number of transactions in recent months has remained somewhat stable in the range of 30-40 thousand per day.
Scripts
Based on this, the most likely scenario is further fluctuations in the range of 1.2-1.5 dollars.
An optimistic scenario is possible, provided the number of transactions increases and the price of bitcoin rises, which could lead the market to a new capitalization record.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.