Cardano was spotted registering upside movement in the last couple of days. The heavy upsurge has helped the coin to beat the previous fall. Despite the volatility, ADA coin maintains the momentum as the price didn’t fall below $0.036 in the last 24 hours.
Yesterday, Cardano began the day at $0.03672. The price slipped to $0.03662 by a marginal drop. The coin price escalated to $0.03746 by 2.29%. Then, the currency has started the downside movement and gradually dropped to $0.03696 by 1.33%. Later, the ADA price jumped to $0.0374 by 1.19%. There was another pullback pressure marked that took Cardano price to $0.03714. The coin made a heavy recovery before closing the day as the price reached $0.0377. The intraday movement of Cardano reflected a 2.75% progression in the price. Today, ADA coin started the day with a steep fall. The counters moved from $0.0377 to $0.0368. The regression in the price was marked as 2.36%.
ADA/USD Price Chart:
At the time of writing, the Cardano price was trading at $0.0368. Trade99’s analysts predict that if the fall continues, the price can drop to crucial support $0.0361. As per the current trend, ADA is currently trading towards a strong support area around $0.0360 and it might test this area before a price recovery.