Cardano News

Cardano (ADA) Upsurge Escalates the Price Above $0.037

Cardano is trading with a tremendous recovery spree. The currency is speculated to give considerable returns to the intraday traders. The ADA coin was spotted trading downwards from the beginning of the month. The traders long-awaited the improvement and the current scenario seems to spike hope for the same. The top players of the market are also spotted improving. The same could help the traders to book profit. Cardano’s price is moving at a marvelous pace.

Cardano Price Prediction

ADA coin started dealing yesterday at $0.00378. The currency dropped to $0.0366 by a 2.9% fall. The pullback pressure brought the price further to $0.0360 by 1.84%. The coin reflected a fluctuation for some hours. Cardano price switched to $0.0365, then reached $0.0361 and later traded to $0.0366. The coin price slipped to $0.0360 and by finally touching $0.0365, ADA coin locked itself at this range for some time. The price slipped once again from $0.0367 to $0.0361 by 1.48%. The prices improved in the later hours and climbed to $0.0365 by 1.12% hike. The intraday movement in the Cardano coin brought a 3.68% regression. Today, the coin began the day with an escalation of 1.33%.

Cardano Price PredictionADA price is spotted moving towards the immediate resistance level at $0.0377. The current price of Cardano is at $0.0371. In a few hours, the level might be violated. The same would help the traders close the day with a profitable counter. The currency is counted among the most result-yielding coin the crypto market. The expectations from Cardano are quite high, and it is speculated to give great results in the long-term period.

Resistance Level Price
R1 $0.037702
R2 $0.037316
R3 $0.037702
Support Level Price
S1 $0.036338
S2 $0.035952
S3 $0.035656

Erica Lee

Erica is a finance professional who has over a decade of experience in the finance sector as a management consultant. After years of reporting on forex, stock markets, and finance, she now contributes her strong financial skills with the CoinNewsSpan team. Since 2014, she has been deeply involved in the blockchain and cryptocurrency space. She believes that blockchain technology has tremendous potential to make our lives better.

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