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Cardano Price Forecast – Can ADA Reach $5 in November?

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Cardano’s native token, ADA, is one of the market’s most popular coins. The digital asset has seen some gains in the past few days, with crypto analysts optimistic about further surges in the future. How high can ADA go?   ADA Price Action   ADA currently trades at $0.3824, a downtrend of 1.36% in the past 24 hours. However, the digital asset's price pumped by 14% over the past week. The crypto market experienced a significant price resurgence earlier this week, with many major coins crossing resistance points. As a large-cap coin, ADA also experienced a price bump.  With its current price, ADA has mixed technicals. The crypto asset is trading above its short-term moving average(MA) indicators, but it is trading above its 100-day and 200-day MA metrics - at $0.38 and $0.39.  ADA...