- Cardano leads the way with a 58.84% hike over the last 30 days
- It may soon touch its next resistance point at 0.060829 USD
Cardano has become one of the highest gainers of the market over the last month. It has been up by a whopping 58.84%, and the value has been raised to 0.059352 USD from 0.037364 USD.
Cardano Price Analysis-
Cardano opened on January 7 at 0.037364 USD, and over the next 14 days, it jumped by 29.93% and touched 0.046306 USD. The next few days witnessed a marginal sloppy price movement. However, the momentum resumed from January 24, and by January 29, it got swelled up by 38.17% and got placed at 0.057398 USD. The last swing happened between January 30 and February 5, and over these six days, Cardano managed another hike of 14.42% that added 0.0075 USD and helped it to reach 0.059833 USD, the highest point of the month.
Cardano’s market cap on January 7 was 960.513 million USD, and in this last month, it has been jacked up to 1.533 billion USD.
Cardano’s current value at 0.059352 USD is trending above its 20 days MA (0.059207 USD) and 50 days MA (0.058361 USD) by decent margins. The upcoming days for Cardano are likely to be bullish, and it may stumble upon the next resistance point at 0.060829667 USD. However, it may not completely do away with price fluctuations in the short-term.