Cardano Surprises with a 3.85% Gain; Resistance May Come at $0.039

  • Cardano gains 3.85% in the last one day
  • It may find the next resistance at 0.0392 USD

Cardano (ADA) has gained 3.85% in the last 24 hours, following the market trend. It has been through three significant price changes and all of them lie in the price range 0.035 USD and 0.038 USD.

Cardano Price Prediction:

Yesterday, ADA coin opened the day trading at 0.036321 USD. The first variation of ADA started at 00:18 UTC where it lost 2.52%. This was followed by a hike of 5.88% in the next 8 hours and added 0.002112 USD to be placed at 0.0380 USD. The last swing of the said time frame happened today which cost 1.61% to push the ADA price at 0.037409 USD.

ADA’s market cap also has witnessed a tremendous hike in these 24 hours. Between October 24 and 25, it remarkably reached 981.275 million USD from 977.063 million USD.

Cardano Chart
ADA Chart by TradingView

ADA’s 20-day average stands at 0.039595 USD while its 50-day average is 0.042316 USD. The current trading price of the coin is 0.037721 USD which records a 10.85% and 4.73% less than the 50-day and 20-day moving average respectively. Its next resistance may come at 0.0392 USD.

Cardano (ADA) Resistance & Support Levels
1st Resistance $0.0384
2nd Resistance $0.0392
3rd Resistance $0.0403
1st Support Level $0.0365
2nd Support Level $0.0354
3rd Support Level $0.0346

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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