- Cardano price descends by 3% over the last 24 hours
- The improvement in ADA price seems far-fetched
Cardano is currently battling with the bearish trend. The market pressure has completely taken over the coin. Yesterday, ADA coin registered a 3.72% change and today it is at 2.98%. The drop in the price is tremendous. The intraday traders are speculated to end the day with a loss like yesterday. As per yesterday’s price movement, Cardano was spotted dealing as high as $0.038974 and as low as $0.037422.
Cardano Price Prediction
Yesterday, Cardano started the day at $0.0381. The price escalated to $0.0386 by 1.34%. The price slipped to $0.0381 by 1.38%. The currency escalated to $0.0384 by 0.76%. Further, the coin dropped to $0.0370 by 3.72%. Cardano escalated to $0.0373 by 1.60%. The closing hours again witnessed a fall of 0.68%. The intraday movement in the currency reflected a drop of 2.78%. Today, the price jumped to $0.0374 by 0.75%. The price slipped to $0.0371 by 0.78%. The coin dropped to $0.0368 by 0.82%. The price recovered and touched $0.0370.
The current price of Cardano is $0.0370. The price is sliding towards the immediate support level at $0.0369. The same might be violated in some hours. There is a possibility for the coin to breach the next support level at $0.0364 too.
The coin is anticipated to give flourishing in the future. The traders interested in the currency are recommended to opt for long-term investment. However, the current market scenario is not suited for investment. Thus, the traders are suggested to stay put.