Price Analysis

Cardano Price Needs to Push Their limits towards the upward motion

The price of ADA was seen trading at $0.044157 at 10:12 UTC on 7th September 2019. Yesterday, ADA price was trading at $0.043846 at 03:05 UTC. The value then increased by 2.03% at 17:33 UTC time, when the trade value changed to $0.044737. By evening, at 20:14 UTC, the value dropped by 2.55% trading at $0.043601. In next one hour, at 21:25 UTC, the value escalates in the upward motion again by 2.41% by the time, the value changed to $0.044647 which is now dropped by 1.10% as of now. The other essential factors of Cardano are as follows.

Cardano (ADA) Statistics
Market Ranking 12
Return of Investment 103.77%
Market Cap 1,145,302,324 USD
24 Hour Volume 39,350,038 USD
Total Supply/ Circulating Supply 31,112,483,745 ADA/ 25,927,070,538 ADA
7 Day High/Low 0.047399 USD /0.043422 USD

 

Considering the data from the last 30 days, Cardano has seen trading with the bearish nature. Fluctuations on the short-term and long-term statistics are seen to be dropping on a constant basis. But it is hoped that ADA might be able to reflect good upward motion in the near future.

The resistance and support levels for Cardano is calculated as follows:

R3: 0.045824

R2: 0.045294

R1: 0.044854

S1: 0.043884

S2: 0.043354

S3: 0.042914

Cardano Chart:

 

Barry Kirkland

Barry Kirkland has joined CryptoMoonPress as a full-time reporter for latest cryptocurrency news and updates. He has five years of experience in writing and trading in forex and cryptocuurency markets. he has written number of articles about blockchain and crypto world. Currently, he curates valuable informations on price analysis and trade alerts for cryptos.

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