November expectations are positive for the ADA token, which has continued its upward trend over the last few weeks. Focusing on two different scenarios, the token made an exciting start to the new month while continuing to attract the attention of investors.
As Cardano investors bid October a happy farewell, November marked an exciting start in the price history of the popular cryptocurrency.
After the exciting 15.4 percent rise in October, Cardano (ADA) was predicted to follow an active course throughout November. The popular cryptocurrency, which reached its highest price since August, continues to attract the attention of investors.
ADA price prediction for November
CryptoRank’s historical data painted a complex picture. According to price history, the ADA token achieved an impressive average monthly return of 43.5 percent in November. However, a more cautious outlook, the median monthly return, pointed to a decline of -2.5 percent.
Therefore, two different scenarios are considered for the ADA token. Predictions were made for a 43.5 percent increase to $0.41 per token or a drop to $0.279 per ADA.