Cardano (ADA) Touches $0.045 After a 2.79% Hike

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• Cardano gains 2.79% over the last 24 hours and reached 0.045 USD.
• The next resistance may come at 0.049 USD.

Cardano faced price corrections multiple times over the last week. It traveled from 0.050 USD to 0.043 USD in this period. However, the starting of this week gives a good sign, and the coin has yielded a 2.79% growth over the last 24 hours. There are four huge price shifts that happened in the last 1 day.

Current Statistics-

ADA to USD Price Comparison-

Cardano faced an obstacle of 2.82% fall between 00:02 UTC and 08:49 UTC and this fall forced the coin to 0.0433 USD, the lowest point of the day. This was followed by a series of growth. The overall growth of 6.73% saw two breaks, one at 14:33 UTC and another at 18:51 UTC. This hike added 0.002916 USD to the value of each coin bringing the final value to 0.046263 USD. However, this high figure could not be maintained for long, and it went through price correction soon. The 3.39% price correction pushed the coin to 0.0446 USD by 01:28 UTC. Then there was a gradual growth of 1.25%, and it helped the coin to maintain its value near 0.045 USD as of now.

Cardano Price Prediction-

Cardano is likely to take off soon. The next resistance of 0.049 USD may come by the end of this week. The medium-term is likely to be bullish, so investors are advised to wait until the end of 2019 for realizing maximum profit.