Price Analysis

Cardano (ADA) Indicates Flourish Day Ahead

eToro

Cardano is currently registering improvement in the price from the last few days. The ADA coin was at $0.0416 on November 01, 2019, and today it is at $0.0448. The growth in the coin price amidst heavy market volatility has given some hope to the traders. Also, the intraday price movement is quite impressive as the price of Cardano is moving towards its next resistance level.

Yesterday, the ADA price was seen dealing as high as $0.046423 and as low as $0.043670. The volume of Cardano is noted as $74,834,540.

eToro Crypto

Cardano Price Prediction

Yesterday, the ADA coin started dealing at $0.043910. The price slipped to $0.04308 by 1.83%. The price counter improved in the later hours and touched $0.04577 by 6.24% hike. The later hours experienced a pullback in the price. Cardano price shifted to $0.04487 by 1.97%. The intraday movement in ADA coin reflected an overall uptrend of 2.19%. Today, Cardano started the day the $0.04487. The price shifted to $0.044380 by 1.09%. The price is on the recovery spree and moved to $0.0448 by 1.10%.

Cardano price
ADA Chart By TradingView

Cardano is popularly known for its result-yielding capacity. The price of the ADA coin is currently positioned at $0.044870. The movement in the price is tilted towards the immediate resistance level at $0.0466. It would be a surprise if the coin breached the next resistance level at $0.0479. The currency would improve further in the coming days. The interested traders are recommended to pick long-term investment as it would give a colossal return in the future.

Resistance Level Price Support Level Price
R1 $0.046673 S1 $0.04392
R2 $0.047924 S2 $0.042418
R3 $0.049426 S3 $0.041167

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

Related Articles

Back to top button