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Price Analysis

Cardano Escalation takes the Price to $0.051; Traders Eye ADA to Cross $0.053

  • Cardano (ADA) currently deals at $0.051.
  • The intraday trading might take the price up to an astounding level.

Cardano price gets a push along with the market boost to a whole new level. The counters reflect that today there would be an amazing hike and which might take ADA to the trading price of $0.053. The last few days have revived the hope amongst the traders. The ongoing quarter has initially given quite a blow on their chests but looks like the situation is on the verge of improvement.

The intraday trading in Cardano would give the traders a great opportunity to recover from their losses and fetch profits if the current scenario persists. Thus, the interested traders can dig-in to book profits.

Cardano Price Analysis:

The chart is taken from Bittrex as on September 18, 2019 at 05:25:18 UTC.

Cardano Price
Cardano Chart By TradingView

Yesterday, the coin opened with an uptrend in the price. The trading price counters changed from $0.047 to $0.048 by 2.58%. Further, Cardano escalated to $0.050 from $0.047 by 7.51%. The day closed with a hike of 3.94% at $0.048. Today, the currency opened with an astounding escalation of 4.99% as the price changed from $0.048 to $0.051.

Cardano is currently having a market cap of $1,317,423,938. The coin was seen at the same level on August 19, 2019 as well. The 24hr volume is at $97,463,634 whereas, yesterday it was $85,720,81. The escalation in the trading counters is clearly indicating towards having a prosperous future. There are 25,927,070,538 ADA coins currently circulating in the market.

The currency is suggested for long-term traders, as it is expected to fetch a colossal profit to the traders.

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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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