Cardano is looking strong heading into the final quarter of 2023.
Avalanche rose more than 11% yesterday, but has since corrected below its opening price.
Cardano recently climbed to the top 10 cryptocurrencies on CoinmarketCap, the popular cryptocurrency aggregator platform. Currently, it ranks 8th out of 8,981 active cryptocurrencies listed on CoinmarketCap.
DOT rose sharply on the first of October to confirm the upper limit of the current price range.
Cardano's main cryptocurrency, ADA, has shown strength entering the final quarter of 2023. ADA broke above the critical support level at $0.2543 and turned it into support. Although there have been some corrections, the price has remained above that level, with expectations that this blockchain token will move forward.
If the bullish trend continues, ADA is likely to test the next resistance level at $0.2796, and a break of this level could open the door for a stronger rally, as there are not many barriers currently.


