Cardano (ADA) Price Prediction: Mid-December 2023

Cardano (ADA) has not been having an easy time as of late, but since June 2022, the cryptocurrency had found itself gaining popularity all while reaching its highest price at $0.633. Although the asset experienced an 8% correction483 on its daily charts, it was still a roaring 45.5% higher than last months numbers. All indications in a number of crypto analysis firms, from machine learning algorithms to decision making analytics are pointing to swift gains ahead for ADA, forecasting them to breach the $0.60 plane by the conclusion of 2023. Additionally, it has seen an impressive inflow of $1 billion into its market capitalisation, giving it a present $15.5 billion total.