Cardano News

Cardano (ADA) Encountered Escalation of 12% in the Last 5 Days

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Today, Cardano was seen trading at $0.039476 at 04:29 UTC. Based on the fluctuations from last five days, the price was initially seen trading at $0.040083 on September 26 at 09:40 UTC. ADA price then drastically dropped by 11.62% on the same day at 16:40 UTC trading at $0.035424. The value then escalated by 12.46% on September 27 at 22:20 UTC when the Cardano price was seen trading at $0.039813.

ADA price was then seen dropping again by 9.64% on September 30 at 04:25 UTC with the trading price of $0.035975. The value then increased by 9.82% as of now.

Cardano Price Chart

Cardano Price Prediction:

Cardano 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. So the ideal trade decision might be just analyzing the fluctuations as of now.

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

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