Cardano Price Analysis: Cardano (ADA) Price Gains 1.36% Over 1 Day

Cardano has been able to grow a minuscule 1.36% over the last 24 hours. The last week has been unpredictable and volatile for Cardano. The highest point lies at 0.055928 USD whereas it went as low as 0.04747 USD in these 7 days. By the end of this week, the coin may touch the week’s high. The medium-term outlook has been predicted as bullish for the coin. Let us find out the current details of the coin.

Cardano Price Statistics-

Cardano (ADA) 14th August 03:44 UTC
Rank 12th
ROI (Return on Investment) 141.35%
Coin Circulation 25,927,070,538 ADA
Market Cap 1,366,388,308 USD
Value in USD 0.053333 USD
Value in BTC 0.00000492 BTC
24-Hour Volume 50,176,706 USD

ADA to USD Price Comparison-

Cardano Price Prediction
Cardano Price Chart by TradingView

Cardano started yesterday off with a dip in the price. The first cut took ADA coin from 0.053038 USD to 0.05050 USD. It was followed by a hike in the value over the next 3 hours from 04:42 UTC. This hike added 0.0016 USD. However, this hike could not last long and again, and the ADA price was pushed to 0.04952 USD by 14:07 UTC. The latest swing is the most crucial one as it took Cardano to 0.053157 USD again towards the closing of yesterday. From there, the coin has been showing volatility, but it retains its value near 0.0533 USD.

Cardano Price Prediction-

Cardano is on a growing path, though it is growing marginally. The medium-term is likely to witness a price rally.

Resistance & Support Levels of Cardano-

Cardano (ADA)  
1st Resistance 0.053712333 USD
2nd Resistance 0.054863667 USD
3rd Resistance 0.056715333 USD
1st Support Level 0.050709333 USD
2nd Support Level 0.048857667 USD
3rd Support Level 0.047706333 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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