Price Analysis

Cardano (ADA) Price Increases Slightly Over the Last 24 Hours

Cardano News Today

Like all its other major peers, Cardano also has shown strength over the last 24 hours. It has been up by 0.18% in the last 24 hours, and the ADA price has now touched 0.03626 USD. The currency has shown three major price variations in the period.

Cardano Price Prediction

ADA coin was being traded at 0.0361 USD at the starting of the day, and its first swing happened between 01:38 and 08:56 UTC. Over these 7 hours and 18 minutes, Cardano price gained 2.38% to get to 0.03665303 USD, the highest for the day. It was followed by a 2.04% decline in the value that pushed the ADA price to 0.035905 USD by 14:05 UTC. The next swing was a hike of 2.10% that happened between 14:05 and 20:46 UTC and this swing helped Cardano to scale as high as 0.03666079 USD. Towards the closing of the day, the coin started weakening and fell by 1.69% to touch 0.03604119 USD by 00:50 UTC today.

Cardano News
ADA/USD Chart By TradingView

The market cap has shown a downward movement over the last 24 hours. It was at 950.315 million USD on December 15, and now it has fallen to 943.463 million USD.

ADA coin’s 20 days MA stands at 0.03627036 USD, and it’s 50 days MA is now at 0.03622974 USD. The current price of Cardano at 0.03626383 USD is 0.094% more and 0.018% less than the 50 days and 20 days moving averages, respectively. The upcoming days may see upward movement, but no abrupt change is expected any time soon. Resistance may come at 0.0373 USD.

Cardano (ADA)Resistance & Support Levels
1st Resistance$0.037368
2nd Resistance$0.038083
3rd Resistance$0.039363
1st Support$0.035373
2nd Support$0.034093
3rd Support$0.033378

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.

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