Today, Cardano price spotted at $0.039476 on 04:29 UTC. Based on the volatile movement over the last week, the price was initially traded around $0.040083 on September 26 at 09:40 UTC. Then, ADA price drastically dropped by 11.62% at 16:40 UTC trading at $0.035424. The coin then escalated by 12.46% on September 27 at 22:20 UTC when the price was seen trading at $0.039813.
Later, Cardano coin marked a massive plunge of 9.64% on September 30 at 04:25 UTC with the trading price of $0.035975. And then, the value recovered by a 9.82% hike.
Cardano (ADA) Faces Bearish Pressure
ADA price might be fluctuating above the baseline as of now. As per the current price trend and historical data, in the upcoming days, ADA coin is predicted to be trading downwards. The movement of the price might de-escalate to its support in the coming few days or one week.
The long haul movement seems to be following the same trend. As per our Cardano forecast and current price formation, the coin might continue to trade downwards.
The resistance and support levels are calculated as below:
R1: $0.039974, R2: $0.041063 and R3: $0.042839
S1: $0.037109, S2: $0.035333 and S3: $0.0034244
