- Cardano seems to have deviated from its recovery track and made a fresh loss of 2.77% in one day
- The upcoming days may see a similar struggle, but it may soon find the immediate resistance at $0.0393
Cardano (ADA) price has been down by 2.77% in the last 24 hours, and the three major price fluctuations have moved the value to $0.0374 from $0.0395.
Cardano Trades Slightly Above MAs
ADA started off the day at $0.03958, and in the next 8 hours and 36 minutes, it lost 5.47% value to touch $0.03741. A 4.02% hike came in that added $0.0015 and moved the Cardano price to $0.03892 by 00:33 UTC today. The last fluctuation occurred somewhere between 00:33 & 02:55 UTC, and in these 2 hours and 23 minutes, ADA coin lost $0.0006 and got placed at $0.03831.
The 20-day MA stands at $0.03838236, and its 50-day MA is now at $0.03838632. The current price of Cardano at $0.03848072 is 0.24% and 0.25% more than the 50-day and 20-day MA, respectively. As per ADA Coin price prediction, the coin may find its next resistance at $0.0393.
