Cardano (ADA), the popular altcoin of the cryptocurrency market, reached its highest level in 17 months with the rise it experienced over the weekend.
On-chain analytics platform Santiment, The rise of Cardano He attracted attention with his post. Platform, Cardano over the weekend June of 2022 since month You have reached your highest levelhe wrote.
Santiment also noted that ADA trade volume increased during the period to its most intense levels He stated that he had reached. According to the social media dominance of the platform, on Saturday ADA accounts for 4% of cryptocurrency conversations created.
ADA, which started its upward movement with the beginning of the weekend, 0.547 from dollar levels 18% with rise to $0.612 reached up to. Later, with the correction in Bitcoin ADA price, $0.543 decreased by .
Currently Cardano price is still in an uptrend $0.63-$0.64 levels appear as resistance. If ADA permanently exceeds these levels, the price will for $0.75 much will rise guess is being done.