Cardano Price Analysis: ADA Loses almost 6% over the Last 24 Hours

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• Cardano loses 6% over the last 24 hours and now roams around 0.048 USD.
• It may reach as low as 0.041 USD by this week’s end.

Cardano has become a refugee of the third support levels over the last 24 hours and it happened as we have predicted. The coin has lost almost 6% over the last 1 day. It is likely to take many more days to get out of its slumber. However, the coin’s story won’t be finished soon. On the longer run, it is very likely to flourish. Let us see the current details of the coin now.

Cardano Price Statistics-

ADA to USD Price Comparison-

With an unprecedented course of action, Cardano fell by 8.04% over 10 hours from 00:46 UTC and reached 0.047 USD from 0.052 USD. However, the coin managed to climb gradually and it could reach 0.049 USD by 19:39 UTC and towards the closing of yesterday, the coin again got weakened and it was at its lowest at 22:24 UTC. But around the opening of today’s market, the coin got a slight margin of gain. At 00:57 UTC, the value of the coin stood at 0.049 USD. The coin may find shelter at the next support level and it may soon be going below than its current value.

ADA Price Prediction-

Cardano has touched 0.048 USD from 0.052 USD in just 1 day. The days ahead seem gloomy for the coin. By the end of this week, the coin may fall as low as 0.041 USD. So, investors need to be cautious of Cardano’s price movement pattern and they should reorganize their investments across all the coin. These are the probable resistance and support levels of Cardano.