Cardano Price Consolidates Around $1 as this Undervalued RWA Altcoin is Primed for 12,000% Surge
The post Cardano Price Consolidates Around $1 as this Undervalued RWA Altcoin is Primed for 12,000% Surge appeared on BitcoinEthereumNews.com.
DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . A crypto analyst looking for potential breakouts and hidden gems hinted that the Cardano price could increase if it breaks out of the $1 consolidation. The analyst also discusses an undervalued RWA altcoin primed for a massive 12000% surge. Could this be the next big opportunity? Let’s dissect the analyst view below to learn more about the RWA project and its unique features. Insights on the Cardano Price and the RWA Project In 2023, the Cardano price traded between $0.22 and 0.68. However, Cardano (ADA) has gained more than 120% in the past year, and the coin is presently ranked number 9 on CoinMarketCap. According to experts’ analysis on Tradingview, the Cardano price can break the 200 SMA on the weekly timeframe after consolidating at $1 and trading below the 200 SMA in the past. CoinMarketCap also shows that there is currently a high bullish sentiment around the Cardano price in the community. Investors hope the Cardano price can replicate its 2021 run, which saw the project attain its all-time high of $3.09. ADA’s price is more than 70% below its ATH. However, the crypto analyst believes the Cardano price could reduce the gap by over 70% when it breaks out. On the other hand, the RWA project the crypto analyst hinted at is PropiChain, a decentralized peer-to-peer real estate marketplace. The innovative project incorporates tools into the marketplace that will simplify and ease investors’ real estate processes. Experts believe this project’s positive impact on real estate will revolutionize the $300 trillion sector forever. Also, this crypto data site has a history…
Filed under: News - @ November 23, 2024 11:03 pm