Key highlights:
- The ADA price is holding above $0.169 support, with $0.1765 and $0.2089 as key resistance levels
- Cardano’s market cap has climbed to $6.2B-$6.33B even as ADA remains over 94% below its all-time high
- Cardano’s Van Rossem hard fork cuts smart contract costs and introduces protocol version 11 through on-chain governance
, the price is projected to reach $0.1812, implying modest upside from the current level.
So far, it seems like the ADA price may be making the best attempt at recovery in months. If the buyers manage to hold support and break the resistance points, then it will lead to a more serious recovery.
Source:: Cardano Price Prediction: Can the Van Rossem Upgrade Help the ADA Price Recover?