Cardano (ADA) Hits Monthly High

- ADA price has risen to $0.39, making it one of the best performing cryptocurrencies in the last 24 hours.

- ADA market cap has reached $14 billion, making it the 11th best performing cryptocurrency.

- The gains are due to an increase in large transactions and a low NVT ratio, indicating that the token is undervalued.

- However, the RSI has reached 81, which may signal a possible correction.