The Cardano price analysis is displaying bullish progress today. After yesterday’s sluggish bullish price movement, bulls got some momentum today as the price break-out was upwards, and bulls uplifted the price significantly to $0.519 in a swift move. Overall market sentiment is in favor of ADA/USD today, and a further increase in price is also expected if the buyers remain persistent.
Overall the broader cryptocurrency market started to recover just four hours back after correcting at the start of today’s trading session, including Bitcoin and Ethereum, and most top altcoins observed a positive market sentiment in the last 24 hours and reported gains, with SAND and Apecoin topping the charts, with 11 percent and 13 percent gains respectfully.