Cardano has lost 5.68% value in the last 24 hours, and in this period, it has been through three major price variations. The range of the swings lies between 0.0339 USD and 0.03110 USD. ADA coin price currently trades around 0.032 USD.
Cardano started the day at 0.0339 USD, and over the next 8 hours and 40 minutes, it lost 1.74% value and got placed at 0.0333 USD. The next swing happened between 11:57 and 20:39 UTC. Over these 8 hours and 42 minutes, ADA coin lost another 8.34% value to touch 0.0311 USD. It was followed by a hike of 3.48% that added 0.00108 USD to the value and pushed Cardano price to 0.03218 USD by 01:27 UTC.
Cardano Price Prediction
The market cap of Cardano cryptocurrency has shown strength over the last 24 hours. The market cap on December 17 was 824.492 million USD, and it has increased to 829.287 million USD as of now.
ADA’s 20 days MA stands at 0.03202289 USD, and it’s 50 days MA is now at 0.03190766 USD. The current price of Cardano is at 0.03200093 USD, which is 0.29% more and 0.065% less than the 50 days and 20 days moving averages, respectively. Cardano’s next halt may come at 0.033 USD as a resistance. The medium-term outlook for the coin seems bullish. Investors are advised to hold their investment and take advantage of the upcoming rally.
|Cardano (ADA)||Resistance & Support Levels|