Cardano Price Prediction – Is ADA Preparing for a 100% Move?

cryptonews.com:

Given the current state of the cryptocurrency market, Cardano price prediction is bullish above a triple bottom level of $0.4180. On the daily timeframe, Cardano has closed a strong green candle, indicating a strong possibility of a bullish reversal. However, a hybrid of mixed fundamentals is limiting ADA's upside.

Nevertheless, its market capitalization of nearly $14.8 billion places it in the top 10 cryptocurrencies. Claims have been made that Cardano's architecture makes it more efficient at running smart contracts than Ethereum. After all, ADA network creator Charles Hoskinson helped build the infrastructure for the cryptocurrency generally regarded as the "king of all altcoins." 

Hoskinson ensured that his improvements to Cardano's smart contract performance would be as effective as possible. However, it appears that this progress will not be enough to spur the growth of the digital currency, as its price remains relatively low.

Cardano's current price is $0.433, with a 24-hour trading volume of $430 million. Cardano has increased by 1.50% in the last 24 hours. CoinMarketCap currently ranks #8 with a live market cap of $14.8 billion. 

There are 34,253,098,140 ADA coins in circulation, with a maximum supply of 45,000,000,000 ADA coins. While the coin is on the watchlist of 2.2 million users. 

Cardano unveiled its Vasil hardfork at the end of September. After the fork, people still felt optimistic since the network kept working normally. Now that everything seems to be running smoothly with Vasil, Cardano's creator Charles Hoskinson said on October 3 that the next phase, the age of Voltaire, was on the horizon.

According to a tweet by Hoskinson, the new age is designed for network builders and users. He claims Cardano's