Cardano Price Analysis: Cardano Price Records 10% Upsurge in the Last 24 Hours

Cardano price is dealing with the bullish trend. The ADA coin experienced a small bump in the road, but now, everything seems to be fine. The coin has a volatile momentum. The same helped the coin to gain popularity in the market. The future of the Cardano is bright. The traders can dig in with a high prospect of profit.

ADA to USD Price Comparison:

The chart is taken from Trading View on 11th August 2019 at 11:03:03 UTC for price analysis.

Cardano price chart - Aug 11
Cardano Chart By TradingView

Looking at the above Cardano price chart, the coin is reflecting an escalation. Yesterday, the ADA coin opened at $0.04779. The coin escalated by 5.58%. The coin jumped from $0.04779 to $0.05045. Cardano kept moving up for the rest of the day. The coin closed at $0.05297 with an escalation of 10.75%. Today, the escalation continued. The price jumped from $0.05297 to $05398. The upsurge was of 1.90%.

Current Statistics of Cardano:

  • The price of the ADA coin is 0.052589 USD.
  • ROI is marked as 142.59%.
  • 24hr volume of the coin stands at 70,813,260 USD.
  • The market cap is marked as 1,363,486,575 USD.
  • Circulating Supply has 25,927,070,538 ADA.

Cardano Price Prediction and Conclusion:

Cardano is riding the bulls. The coin has given a positive result in the past, and the same is expected in the future. The traders interested in the coin should plan for a short-term. Yesterday, Cardano was seen touching a high at $0.053137 and a low at $0.047608. By the end of the year, the coin is expected to reach up to $0.07 by the end of 2019.

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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