Crypto investment analysis: Cardano (ADA) for 100X future gains, Experts pick bullish

 Experts of analytics insight have forecasted  "Cardano will rise by 100x in next six months".

Today ADA crypto price is trading at $0.3163 . Last 24 hr. price range was observed between $0.3069-0.3174.

Experts have forecasted that the price of Cardano will rise by 100x in next six months. As the expectation is to raise it’s presale around $20 million, which might shown a big wave during it’s presale.

Market sentiment around Cardano (ADA) has increased due to upcoming features. Recently, a member of the Cardano community gave details about Hydra Pay, the network's upcoming seamless payment service. Hydra Pay is based on Cardano's Layer-2 solution called Hydra Head, which recently entered the market. Reportedly, this decentralized payment service aims to provide payments directly to the Cardano network. However, analysts have expressed concern about the decline in network activity on Cardano.

 

ADA Technical analysis and overview by Cryptocrit:

ADA price now sustaining at above $0.3000. The price was shown at $0.4600 level at April. Then it has seen a huge drop to below 0.2400 at the middle time of June. 

However our technical team could forecast that ADA will going to experience a bullish breakout for short term. The resistance level could test $0.3800 level and $0.3000 would be support level.

But in the reverse case if ADA could break the support level $0.3000 to follow the downside then the price will drop to $0.2500 level.