Analysis of Cardano's price today (January 7, 2025)

The current price of Cardano ($ADA ) is $1.13, and the price has increased by +4.71% in the last 24 hours. Currently, ADA is available on 60 exchanges, and in the last 24 hours, 1,084,519,497 ADA coins have been traded, amounting to $1,227,331,022 in trading volume.$DF $ACT

Today, Cardano (ADA) opened at $1.09. It has increased by 3.49% from the opening price. After falling to $1.08, it is trying to rise above. From the maximum price over the last 30 and 7 days, its value has decreased by -8.29% and increased by 1.24%, while from the minimum recorded price over the same period, it has increased by 47.80% and 36.08%.

According to our analysis, ADA needs to stay above $1.08 to potentially move towards the first significant resistance level at $1.19. A breakout above $1.19 could lead to an increase in ADA to the next resistance level at $1.25. The third resistance is at $1.34.

If the price falls, the first support level to watch is $1.08. If this level does not hold, there may be further decline to the next support level at $1.01.#MicroStrategyAcquiresBTC #BullCyclePrediction #TrumpBTCBoomOrBust