Cardano Price Prediction: ADA Surges 5% As Charles Hoskinson Eyes RLUSD Partnership With Ripple, While Traders Flock To This ICO For The Next Big Crypto
The Cardano price pumped over 5% in the last 24 hours to trade at $0.7532 as of 6:21 a.m. EST as investors buy into the crypto. This increase in the ADA price comes after Cardano founder Charles Hoskinson recently opened up about the possibility of implementing Ripple’s RLUSD on the network. In a recent AMA YouTube session , Hoskinson said he is in ongoing discussions with Ripple’s CEO Brad Garlinghouse and CTO David Schwartz. Cardano Price Gets Rejected By Resistance 4-hour chart for ADA/USD (Source: GeckoTerminal) The Cardano price was rejected by the resistance level at $0.8041 in the last 24 hours, GeckoTerminal data shows. This rejection was followed by a pullback, bringing ADA to its current price. If bulls do not step in soon, the altcoin could end up testing the immediate support level at $0.6341. A drop below this technical safety net might lead to ADA falling further. On the other hand, buyers entering ADA’s order books in the next few hours could lea...