In the last 24 hours, following the major market trend, Cardano has taken a dip of 4% and reached at $0.048. ADA coin has shown four significant price swings in this period. However, the medium-term outlook of the coin seems bullish.
Current Statistics of Cardano
|Cardano||27th August 07:14 UTC|
|ROI (Return on Investment)||125.39%|
|Coin Circulation||25,927,070,538 ADA|
|Market Cap||1,284,081,863 USD|
|Value in USD||0.048877 USD|
|Value in BTC||0.00000478 BTC|
|24-Hour Volume||81,343,465 USD|
ADA to USD Price Comparison
Cardano started the day with a rise of 3.63% between 00:01 UTC and 01:07 UTC and this hike added $0.001785 to the coin. However, soon after this hike, ADA coin faced a decline of 4.58% and fell to $0.048678 by 13:14 UTC. This was followed by another hike of 4.13%, which took the Cardano price to $0.050696 by 18:08 UTC. The last swing of the day happened between 18:08 UTC and 03:36 UTC of today. This swing made a $0.0022 drop from the ADA price and made the coin to roam at $0.048451.
Cardano Price Prediction
Cardano has been playing with two extreme points of 0.048 USD and 0.050 USD for the last few days. However, the medium-term is likely to be bullish for the ADA coin. The next probable resistance and support levels are listed below.
|Cardano||Resistance & Support Levels|
|1st Support Level||$0.048745333|
|2nd Support Level||$0.047793667|
|3rd Support Level||$0.046694333|