The post Cardano Price Prediction: ADA To Lag Most of Market – Unlikely to Rival Cryptos Like Aptos (APT) and Rollblock (RBLK) appeared on BitcoinEthereumNews.com.

Discover why Cardano may struggle against Aptos and Rollblock in the competitive crypto market. Based on Cardano’s (ADA) underwhelming market performance recently, analysts predict that it may lag behind most of its rivals such as Aptos (APT) and Rollblock (RBLK), in the following months. Conversely, Aptos (APT) has been riding on bullish trends, attracting investors with multiple partnerships from top ventures. However, Rollblock (RBLK) is set to outperform them both, according to experts. Cardano (ADA) Lags Behind Rivals Cardano (ADA), which was one of the best performing cryptos, now has investors wondering if the price will rise again, due to its prolonged poor market performance since its 2021 peak. In the last 1 month, ADA dropped by 9.33%, rising by only 1.49% in the last 7 days. ADA is outperformed by 58% of the top 100 crypto assets, trading below the 200-day SMA at $0.3491, down 89% its ATH with a high inflation rate of 6.33%. ADA’s market cap has also declined by 2.39% while its trading volume is rising due to selling pressure. Expert analysis on the Cardano price prediction shows ADA’s price could decline to $0.328718 in a few days, they speculate that ADA may surge to $0.408054 by next month if it reaches the $0.23 support level, but it may continue to lag behind rivals if it doesn’t rebound. Aptos (APT) Rides The Bullish Waves While the Cardano price prediction remains bearish, Aptos’ (APT) recent performance in the crypto market has been bullish. With a price increase of 57% in the last 1 year, APT witnessed 15 green days in the last 30 days and trades at $7.95. One key reason for APT’s bullish performance is the increasing trading volumes on the Aptos derivatives, and the recent partnerships with multiple ventures such as MEXC Ventures, and Mirana…

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Filed under: News - @ September 24, 2024 9:19 am