The price of Cardano (ADA) has been fluctuating since Nov. 11 when the price reached $0.39, but buyers have not been able to sustain the positive momentum above the $0.40 level.
Following Bitcoin's recent positive rise, cryptocurrencies have formed a bullish pattern. The altcoins such as FTT, LUNA, KAS, IMX and RPL are the best performing cryptocurrencies, analysis by Coinidol.com.