"Don't trust investors too much because you're afraid of getting caught later."
Cardano (ADA) cryptocurrency price finally managed to break through the $0.45 level last week as its network saw some development activity, but now it has dropped slightly to $0.44.
Explained in more detail, the price of ADA was seen to jump by 6% after its network launched Aiken, a programming language and toolkit to facilitate the development of smart contracts on the digital asset's blockchain.
According to Dan Gambardello, ADA influencer said that the digital asset broke the price level of October last year, where at that time it was at the level of $0.43 before falling even more drastically to $0.33.
On that streak, ADA price is predicted to rise by 40% to hit the $0.60 level in the near future, but the digital asset needs to break through the $0.52 resistance zone first to climb higher.
Gambardello also mentioned that ADA's performance is more encouraging than Ethereum (ETH) while adding that ADA's price has the potential to reach a high of $15 with a market cap of $500 billion.
This is because he really believes that developments including the ADA blockchain are better than ETH.
Next, whales expecting the price of ADA to reach $1 have flocked to add 560 million of the digital asset worth $218 million recently.
As of this writing, the price of ADA has decreased by 0.54% to $0.44 in the last 24 hours with a market capitalization of $15 billion but still recorded a gain of almost 15.97% in the last 7 days.
