Cardano (ADA) Shows 2% Surge Since Yesterday

Currently, the ADA coin is trading at $0.03985 and has not shown much growth in the last 30-days when the highest recorded price of Cardano was $0.05492. ADA can yield good profits in the long-run, once it moves past its crucial resistance level $0.041 and this may start happening from upcoming weeks.

Cardano Price Analysis

The price of ADA coin is noted to be $0.03985 as of October 6, 2019, at 03:49:45 UTC. Cardano has recorded a surge of over 2% in the last one day by moving from $0.038 to $0.039. It may move past $0.040 in the upcoming week and may take another week to start trading above $0.041 mark. The lowest recorded price of ADA in the last 30-days was $0.035. This week, Cardano price may trade between the range of $0.036 and $0.041.

Cardano Price Chart by TradingView

ADA coin price is expected to cross its next resistance $0.040 mark by the end of this month. Cardano price may go as high as its 30-day high value of $0.054 by end of the year. This is a great time to plan bulk investments in the ADA coin and start saving up for future benefits.

Resistance & Support Levels

R1: $0.04020, R2: $0.04067 and R3: $0.04135

S1: $0.03905, S2: $0.03837 and S3: $0.03790

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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