Today, Cardano (ADA) cryptocurrency surged by over 18% to set a new all-time high of $2.55. As a result, it became the third-largest cryptocurrency by market cap. At press time, ADA is trading at $2.50. It has a market cap of $80.7 billion, which is higher than Binance coin’s (BNB) $72.1 billion, according to CoinMarketCap.
ADA is maintaining its drive from Thursday’s run, where it came close to setting fresh price highs. The public blockchain platform has been on a tear in recent weeks. But it is up 150% from July 21 lows of $1.
In addition, Cardano’s (ADA) daily close above the $2.60 resistance. And according to a classic bullish technical analysis pattern signal, the crypto is ready to hit another new all-time high.
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Source: Cryptocurrency - investing.com
