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Price Analysis

Cardano Records 4% Dip Since Yesterday, Trades at $0.044

  • Cardano dips from $0.046 to $0.044 recording 4% dip
  • ADA is expected to trade between $0.048 and $0.050 by the month-end

This is a good time for the Cardano holders to keep stacking up their coins as the prices are very low. The coin can be expected to trade between $0.048 and $0.050 by the month-end. The current performance of the coin may head towards improvement in the next few days.

ADA to USD Price Comparison

ADA coin has recorded a downtrend of over 4% since yesterday slumping from $0.046 to its current value at $0.044 as on September 12, 2019, at 06:22:31 UTC. Cardano price dipped from $0.04690 to $0.04502 initially at the beginning of the day but then started slumping drastically to trade at its current value. It may gain some pace to rise up to $0.046 again by the end of the day.

Cardano Price Chart
Cardano Chart by TradingView

Cardano Price Prediction

ADA mostly moved around $0.045 for the most part of the day yesterday and has slumped since then. Cardano’s highest recorded value in the last 90 days was $0.106 and in the previous 30 days, it was $0.053. The coin will move between these values for most of the time but may cross $0.106 to trade around $0.110 by the end of the year.

Cardano may rise to $0.110 by the end of the year if the team can make good progress in the next month on a global scale. This year has been good for ADA holders as the team has inked some key partnerships in the first half of the year. Cardano can be expected to cross $0.050 by this month-end and may yield good profits in the next few 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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