Cardano (ADA) reached a new all-time high, rising to $ 2.18, according to data. Popular analyst Peter Brandt says he expects the coin to reach $ 2.26.
In the morning, Cardano’s native cryptocurrency ADA reached a new historic high of $ 2.18, up 17 percent, according to data shared by the CoinMarketCap platform. Meanwhile, trader Peter Brandt shared a chart showing that ADA will continue to rise and reach the $ 2.26 level.
ADA rose to an all-time high of $ 2.18, despite overall sales in the crypto market, and in particular that Bitcoin fell below the $ 50,000 level after Elon Musk’s backlash tweet. In the past twenty-four hours, the fifth largest cryptocurrency (the level that ADA regained earlier this week) has risen more than 17 percent. ADA regained 4th place in the top 10 with this rise.
As it is known, the Cardano Foundation made a call for Tesla to embrace ADA after Elon Musk addressed the carbon footprint problem and said Bitcoin miners contributed greatly to it.
ADA was trading at $ 2.10 at the time of writing.