Cardano Price Analysis: ADA Loses almost 6% over the Last 24 Hours

  • Cardano loses 6% over the last 24 hours and now roams around 0.048 USD.
  • It may reach as low as 0.041 USD by this week’s end.

Cardano has become a refugee of the third support levels over the last 24 hours and it happened as we have predicted. The coin has lost almost 6% over the last 1 day. It is likely to take many more days to get out of its slumber. However, the coin’s story won’t be finished soon. On the longer run, it is very likely to flourish. Let us see the current details of the coin now.

Cardano Price Statistics-

Cardano Price Prediction
Cardano Price Chart by TradingView
Cardano (ADA) 10th August 02:23 UTC
Rank 13th
ROI (Return on Investment) 124.02%
Coin Circulation 25,927,070,538 ADA
Market Cap 1,263,276,549 USD
Value in USD 0.048539 USD
Value in BTC 0.00000412 BTC
24h Volume 46,546,053 USD

ADA to USD Price Comparison-

With an unprecedented course of action, Cardano fell by 8.04% over 10 hours from 00:46 UTC and reached 0.047 USD from 0.052 USD. However, the coin managed to climb gradually and it could reach 0.049 USD by 19:39 UTC and towards the closing of yesterday, the coin again got weakened and it was at its lowest at 22:24 UTC. But around the opening of today’s market, the coin got a slight margin of gain. At 00:57 UTC, the value of the coin stood at 0.049 USD. The coin may find shelter at the next support level and it may soon be going below than its current value.

ADA Price Prediction-

Cardano has touched 0.048 USD from 0.052 USD in just 1 day. The days ahead seem gloomy for the coin. By the end of this week, the coin may fall as low as 0.041 USD. So, investors need to be cautious of Cardano’s price movement pattern and they should reorganize their investments across all the coin. These are the probable resistance and support levels of Cardano.

Cardano (ADA)
1st Resistance 0.050641667 USD
2nd Resistance 0.053642333 USD
3rd Resistance 0.055226667 USD
1st Support Level 0.046056667 USD
2nd Support Level 0.044472333 USD
3rd Support Level 0.041471667 USD


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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