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Cardano’s ADA token continues to navigate the current market downturn, with recent developments giving investors hope that it could see a pump in the long term.  But how high can ADA really go?  ADA Price Action ADA currently trades at $0.3513, marking an uptrend of 0.46% in the past 24 hours. ADA has outperformed the broader market , which is down by 1% in the same period.  However, ADA’s price has failed to break through any of its top moving average (MA) indicators despite the 24-hour increase. It trails every major metric, ranging from the 10-day MA of $0.3522 to the 200-day MA of $0.3530.   ADA’s moving average convergence divergence (MACD) is negative. However, the crypto asset’s reactive strength index (RSI) of 40.48 shows that it is approaching the oversold region, making it perfect for long-term investors.  Buy ADA on eToro Vasil Hard Fork Gives Hope for Long-Term Gains  ADA has some impressive fundamenta...

Bitcoin, Ethereum, and other leading cryptos have run their course and are mostly unaffordable to the average investor. Only a few good cryptos are available for purchase under $1 making it affordable to accumulate them in the short term. In this article, we look at the top 3 best cryptos to watch out for in 2022 that are available for under $1. However, the cheap prices do not guarantee a price rally in the short term but could perform well in the long term. Also Read: Can Shiba Inu Make You A Millionaire By 2030? Here’s Your Answer 3 Best Cryptos Under $1 in 2022 1. Cardano (ADA) Source: Solodev.com The proof-of-stake blockchain platform Cardano recently upgraded to the Vasil Hard Fork. The deployment increased its network capacity and now runs faster providing low-cost transactions. ADA is currently available for purchase under $1 and its price could surge during the next bull run. According to recent statistics, nearly 1,100 projects run and operate on the Cardan...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Cardano aims to solve the blockchain trilemma through its sophisticated proof-of-stake (PoS) protocol called Ouroboros. However, its native token has been hard-hit by the bearish waves that have swept through the crypto market.  Is there a chance of a bull run soon? Vasil Upgrade a Stepping Stone The Cardano team, led by former Ethereum co-founder Charles Hoskinson, has been deploying upgrades. The latest is the Vasil hard fork , which makes the peer-reviewed blockchain more scalable with minimal user cost. However, the team is not done yet, with even more scheduled upgrades expected in the future. At the moment, Cardano is reaping the benefits of the Vasil Upgrade, although its native token price has not reflected this. Since the deployment of the hard fork, the transactions on Cardano’s layer-1 blockchain hav...