Cardano was spotted fighting the bearish trend. Well, it looks like the market has started improving, and so did ADA. Yesterday, Cardano price was dealing as high as $0.034427 and as low as $0.032226. The volume marked as $42,498,574. The uptrend in the coin is likely to remain locked.
Cardano Eyes Breakout Beyond Resistance Level
Yesterday, ADA coin started dealing at $0.0340. The price moved to $0.0342 by 0.79%. The coin slipped to $0.0318 by 7.23% drop. There was another improvement in the coin that took Cardano price to $0.0329 by 3.65%. The coin kept trading around the same level for some time, but later, dropped to $0.0324 from $0.0329 by 1.89%. The closing hour of the day brought the ADA price to $0.0330 by 2.15%. The intraday movement in Cardano brought 2.75% regression. Today, Cardano started dealing at $0.00330 and then, the coin moved to $0.0332 since then.
Cardano is likely to move towards the immediate resistance level of $0.0343. As per Cardano predictions, the coin has a possibility of violating the next resistance level at $0.0354 shortly.
| Resistance Level | Price | Support Level | Price |
| R1 | $0.034276 | S1 | $0.032075 |
| R2 | $0.035452 | S2 | $0.03105 |
| R3 | $0.036477 | S3 | $0.029874 |
The traders interested in Cardano are anticipated to draw maximum returns by investing in a long-term plan. The short-term isn’t recommended for the traders as it might carry risk.
