Cardano price movement is spotted trading between $0.032 and $0.034. In the last seven days, ADA price hasn’t dropped below or climbed above the same. However, the possibility of improvement is still tight. The uptrend might take place in the next term.
The currency has spent a fruitful year. The first couple of months were result giving, but the scenario changed from the third quarter. The intraday movement in Cardano coin is speculated to remain mixed. The chances of having a positive closing are quite weak.
ADA/USD Price Chart
Yesterday, Cardano started dealing at $0.0327. The currency escalated to $0.0333 by 1.88%. The price slipped to $0.0330 by 0.87%. Then the price improved and touched $0.0336 by a 1.99% hike. Cardano price dropped again and this time to $0.0332 by 1.40%. ADA coin price traded around the same level for some time. Later, the price escalated to $0.0342 from $0.0332 by 2.53%. There was an immediate fall after the same. The coin touched $0.0336 by 1.68% drop. After that Cardano price moved to $0.0341 by 1.25%. The closing hours brought the ADA price to $0.0334 by 1.93%. Today, the currency started with a marginal loss, but later escalated. The counters moved from $0.0334 to $0.0337 by 0.70%.
Currently, the coin is heading towards the immediate resistance level at $0.0342. However, if the momentum reverses, then the coin might fall to the immediate support level at $0.0330.
Cardano is speculated to have a marvelous future. The traders interested in the currency wouldn’t end in vain. The traders who are planning to invest in ADA are recommended to opt for long-term investment. The same might bring the desired result to the traders.