ADA/USD Price Analysis: Bears in Control ahead of Cardano 1.4 Update
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The good thing about Cardano is their regular update which in turn gives a clear picture on the development progress of Byron and Shelly. Days after Michael Person resigned and Paul Schmid given the task of leading the foundation and promoting their peer-reviewed platform and technology, ADA prices have been on a free fall—sinking to new 2018 levels.
Nevertheless, floors are now visible thanks to a wave of bull pressure that swept the market across on Nov 25. That coupled with Charles Hoskinson AMA where not only did he talk about the technical aspect of Cardano amongst other things but gave a hint of what’s to be expected from the much anticipated Cardano 1.4 update.
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