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Price Analysis

Cardano Price Analysis: Cardano (ADA) Slips Further To Trade At $0.076

  • Cardano focuses on building community trust through ambassador stories campaign
  • Cardano may move up to $0.080 by the end of the week if it gains momentum and rises from its current price mark.

Cardano may have been moving slowly since the beginning of the day, but it will resume faster to trade above $0.080 by the end of the week. The firm is currently investing time in building community support through ambassador story programme, and this may boost the performance of the ADA token immensely. The current market statistics indicate a progressive trend ahead.

 Cardano Price Statistics:

In the last one day, ADA has dropped from $0.080 to its current value at $0.076 as on July 10, 2019, at 10:28:43 UTC recording a downtrend of over 5%. The coin started the day on a low note trading at $0.077 and dropped to $0.075 within few hours. It has now been moving towards a recovering mode and is expected to close the day on a better note.

ADA Price Prediction
ADA Price Chart by TradingView
  • The price of ADA is noted to be $0.076 and 0.00000591 BTC
  • The market cap of the coin has reached $1,990,136,059
  • The 24 h volume of the coin is $109,720,540
  • The ROI of ADA token is noted to be 253.71%
  • The circulating supply of the coin is 25,927,070,538 ADA

ADA is moving at a slow pace but surging towards closing the day at around $0.078 or above. The coin may start tomorrow with a better value.

Cardano Price Prediction:

ADA has been resuming to crawling trends rapidly and the need of the hour is to find stable ground and trade above that value for longer durations. For ADA, $0.080 may be the right value to target to remain afloat, and once the base is stronger, it can go surging. The coin may reach up to $0.090 in the next 3 months.

Conclusion:

It is a good time to invest in ADA for long-term gains. Bulk investment may provide better deals.

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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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