Today, Cardano is seen trading at $0.041850 at 07:54 UTC. Yesterday, the price was initially seen trading at $0.040716 yesterday at 04:53 UTC. ADA coin price then escalated by 6.86% at 14:20 UTC, seen trading at $0.043508. Today, the price decreased by 4.21% at 02:26 UTC where the coin was seen trading at $0.041685. Cardano price from then slightly increased by 0.34% and reached $0.041850 as of now.
Cardano Trades Bearishly; Caution Advised
From last month, the ADA coin price is still trading downwards. However, the movements considered in intraday trading can be exciting for the traders, as the opportunity of earning considerable returns can be analyzed throughout. However, as per our ADA predictions, that the coin price might drop further in the upcoming week. So, hold on to your position and trade wisely.
The resistance and support levels are calculated as below:
R1: $0.045978, R2: $0.044646 and R3: $0.043637
S1: $0.041296, S2: $0.039964 and S3: $0.038955
