Cardano ADA is one of the most recommended cryptocurrencies for traders in the space. Ever since the price of Cardano ADA hit a $0.025601 low on the 7th of December, it has been moving higher against the USD. The price of Cardano ADA started showing signs of a surge against the USD and the Cardano price prediction 2019 became extremely bullish at the beginning of the year.
Cardano price prediction 2019 and Cardano price prediction 2020 are bullish against the USD for several reasons. The most obvious reason is the upcoming Cardano Shelley upgrade which is set to change the game for Cardano permanently. With Shelley, the Cardano network will become 100% decentralized and would be capable of taking Ethereum’s place as the best-decentralized computer in the world. This would create more adoption for Cardano and, in extension, ADA.
Cardano ADA News Today – Cardano Shelley
When the team behind Cardano announced an updated Shelley roadmap, the price of the ADA token spiked by more than 10% against the USD. This is because the Cardano community has been waiting for the Shelley roadmap for a while now. Also, the team gave details about what everyone should expect with Shelley. If the release of the Shelly roadmap alone was enough to lead to a surge in the price of ADA, what will happen after it is fully implemented? Definitely, there will be a more sustainable surge in the price of ADA.
Cardano Price Prediction 2019 – Cardano Price Prediction 2020
Cardano (ADA) Price Today – ADA / USD
The Cardano price prediction 2019 and Cardano price prediction 2020 are bullish against the USD. Before the end of the year, the price is Cardano may move as high as $2. By the end of the year 2020, ADA price may be above $5. So, it is beneficial for long and short-term traders despite the current trend in the market.
Cardano is collaborating with different firms and segments like Ledger Nano S and with AION this would provide stability to the coin and also increase in the value of prices. The analysis of 2 years has shown that the value can rise to 5 USD, and also if the coin maintains its value for some time it will reach to 50 USD.
Cardano ADA Price Analysis – Cardano can reach as high as 50 USD In the next 2 years
According to the latest Cardano ADA analysis on cryptonewsz; the all-time high value of Cardano was noted at 1.33 USD on January 4, 2018. The price has multiplied by almost 2X times since the beginning of 2019 and has been showing a consistent upward movement since the past few weeks starting April. The best is yet to come for Cardano, and it is not far behind. With the latest partnerships and announcements, the currency can cross the 1 USD mark by the end of 2019.
In the next 2 years, Cardano’s price can reach as high as 50 USD. Key players are keeping a close eye on the currency’s progress chart, and it shows a phenomenal growth in the past few months. The day is not far when the firm will announce more tie-ups, which will boost its demand.