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Price Analysis

Cardano Stands Tall by Adding 4.5% in One Day

  • Cardano gains 4.5% in one day and reached $0.048.
  • The next resistance is likely to come at $0.049.

Cardano has shocked the market with a 4.5% hike since yesterday. The current ADA price has again started racing against $0.050. Out of the four swings of the coin, there were gradual hikes.

Cardano Price Statistics-

Cardano (ADA)September 10, 04:54 UTC
Rank11th
ROI (Return on Investment)121.50%
Coin Circulation25,927,070,538 ADA
Market Cap1,242,722,736 USD
Value in USD0.048009 USD
Value in BTC0.00000465 BTC
Yesterday’s Volume64,445,050 USD

ADA to USD Price Comparison-

Cardano Price
Cardano Chart by TradingView

Cardano price gets a blow in terms of its first swing between 00:27 UTC and 07:52 UTC, which took $0.001530 away from the value and placed the coin at $0.045259. This was followed by a hike of 4.35% between 07:52 UTC and 13:39 UTC, this swing added $0.001 to the coin. The third swing happened between 16:45 UTC and 22:46 UTC and this variation placed the coin at $0.046967 by 22:46 UTC. The last swing started at 00:03 UTC today and in the next 4 hours and 46 minutes, the coin added $0.0014 to reach $0.048116.

ADA Price Prediction-

ADA coin is gaining when all other major altcoins are struggling, this proves that Cardano is never prone to sudden fluctuations in the market. The coin may have resistance at $0.049 next. The details of the next resistance and support levels are given below.

Cardano (ADA)Support And Resistance Levels
1st Resistance$0.047594333
2nd Resistance$0.048257667
3rd Resistance$0.049304333
1st Support Level$0.045884333
2nd Support Level$0.044837667
3rd Support Level$0.044174333
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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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