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Cardano: Buy the Dip?

TheMotleyFool

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Cardano: Buy the Dip?: https://g.foolcdn.com/editorial/images/708041/business-trader-laptop-smiling.jpg

Even after a major technological upgrade in September, Cardano (CRYPTO: ADA) continues to fall short of investor expectations. Once one of the top five cryptocurrencies by market capitalization, Cardano is now at a very real risk of falling out of the top 10.

There is growing concern that the price of Cardano, once holding steady in the $0.50 to $0.60 range during the summer, could drop below $0.30 unless something changes quickly.

The good news is that there are at least three different catalysts that in the short to medium term could lift Cardano's current price of $0.41. If any of these catalysts come to fruition, then the time to buy Cardano is now. Buy the dip and don't look back.

Source Fool.com

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