Cardano (ADA) bullish as investors flock to KangaMoon (KANG) in final presale stage
Analyst shares bullish Cardano (ADA) outlook as KangaMoon (KANG) gets investor attention. Cardano price could rally to $1.70 amid anticipated bounce for Bitcoin (BTC). KangaMoon (KANG) offers a potential investment opportunity with its presale currently in stage 5. Cardano (ADA) is down 4% in the past 24 hours and more than -20% in the past month. However, an analyst has shared a bullish outlook for ADA, noting the coin’s current consolidation. Meanwhile, investor s eyeing new gains are also taking position with KangaMoon (KANG), a new project exciting the market for its unique blend of SocialFi and play-to-earn (P2E). What’s the outlook for Cardano? Analyst shares potential buy scenario Cardano has declined nearly 22% in the past month and is currently hovering around $0.58, about 4% down on the day. This comes as ADA struggles since mid-March when it traded above $0.8, have pushed it towards a critical support area. Grayscale recently updated...