Cardano (ADA) Records 2.04% Drop in the Last 24 Hours

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Cardano has made a cut of 2.04% in the last 24 hours, and it reached from 0.042 USD to 0.041 USD in these hours. Over the last day, it has been through three major price swings. As per the current trend, it may find the next resistance at 0.043 USD.

Cardano Price Prediction

Cardano’s first swing happened between 00:04 UTC and 12:16 UTC, and in these 12 hours and 12 minutes, it lost 3.28% value and got placed at 0.041295 USD. It was followed by a 1.71% hike, and it added 0.0007 USD to the value and pushed the ADA price to 0.042002 USD by 22:48 UTC. Then, Cardano started showing signs of weakness, and it lost 1.46% in the next 2 hours and 22 minutes to touch 0.041390 USD by 01:10 UTC today.

ADA to USD Price Chart

In the last 24 hours, the market cap of ADA coin has shown an exception. It was at 1.087128 billion USD on November 03, and now it has reached 1.087980 billion USD.

Cardano’s 20 days moving average is now at 0.040329 USD, and its 50 days moving average is at 0.0416006 USD. The current price trend at 0.041824 USD is 0.53% and 3.70% more than the 50 days average and 20 days average, respectively. It hints at the good time ahead for Cardano, and the next resistance may come at 0.043 USD.