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Price Analysis

Cardano Price Analysis: Cardano (ADA) price chart reflects a recovery in the intraday chart

  • Cardano (ADA) price escalates on the intraday chart.
  • The intraday traders could have a great day today.

Cardano (ADA) is walking upon the price chart. However, the market is dealing with the bear, but there are some coins which are turning green. The currency was also seen getting affected by the market pressure.

Well, the coin has carried itself out from the pull-back pressure and started rising again. We are assuming that this could be a sign of recovery. Tomorrow, there could be a visible improvement in the price of many other coins.

ADA to USD Price Comparison:

The chart is taken from Trading View on 18th August 2019 at 05:32:26 UTC for price analysis.

ADA Price Chart
ADA Price Chart by TradingView

Yesterday, the coin started at $0.047. The coin escalated to $0.0474 from $0.0470 by 0.93%. Later, the coin took another jump from $0.046 to $0.047 by 2.22%. Further, the coin fell to $0.046 from $0.047 by 2.32%. The coin closed with a profit of 0.99% at $0.0474. Today, the coin started with a drop of 1.22% from $0.047 to $0.046. However, the coin has embarked a recovery on the chart.

Current Statistics of Cardano:

Particulars Cardano (ADA) 
Price0.047244 USD
ROI117.93%
Rank13
Circulating Supply25,927,070,538 ADA
Total Supply31,112,483,745 ADA
Market Cap1,224,885,896 USD
24hr Volume28,826,713 USD

Cardano Price Prediction and Conclusion:

Cardano (ADA) has impressed many traders lately. The coin has replaced Tron (TRX) on the rank chart and is slowly moving up. It wouldn’t be a surprise that in some time, the coin would be seen dealing among the top 10 cryptocurrencies.

We are anticipating that the coin would be seen dealing around 0.080 USD by the end of 2019. In the coming years, the coin would be seen around USD 0.1. The currency would be most suited for the long term traders. They might be seen drawing huge dividends in some years.

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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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