Cardano News

Cardano Seems to be Rising Upwards, Can it Touch $0.047?

Let us compare ADA’s price since the past 5 days. ADA was priced at $0.044 on 30-Aug-19 at 00:15 UTC. There were several sharp rises and falls for the next few days and the prices of the coin dropped as low as $0.0433 on 2-Sep-19 at 08:30 UTC. After 2-Sep-19 the coin seems to have gained its momentum and despite the falls in between rose as high as $0.047. It was not able to maintain its performance at this level and presently stands at $0.045. Over the past week, the coin has shown a haphazard movement with many ups and downs.

Cardano Price

ADA Price Analysis and Future Prediction:

Comparing the value of the ADA coin since 2-Sep-19 at 08:30 UTC when the price was $0.043 and the current price, the coin indicates an upward trend by 5%.

We anticipate that the same momentum may continue for the coin tomorrow also and it can reach $0.046. It may continue to be traded in the range of $0.0462 and $0.0469 in this month.

Short term trading can also be done in the coin considering its present trend. The coin may be traded in the value of $0.0456 and $0.0469 today. It may take a long time for the coin to be traded in the range of $0.047.

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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