Analysis of Cardano's price today (November 23, 2024)
The current price of Cardano ($ADA ) is $1.00, the price has increased by +22.72% in the last 24 hours. Currently, ADA is available on 63 exchanges, and in the last 24 hours, 4,858,585,955 ADA coins were exchanged, totaling $4,864,837,764 in trading volume.
Today, Cardano (ADA) opened at $0.8228. This is 21.70% higher than the opening price. After falling to $0.8146, it is attempting to rise above. ADA has more than a 181.06% increase compared to the price from last month. From the maximum price over the last 30 and 7 days, it has increased by 18.24%, and from the minimum recorded price during the same time period, it has increased by 213.99% and 83.97%.
According to our analysis, ADA needs to stay above $0.8786 to potentially move towards the first important resistance level at $1.00. A breakout above $1.00 could lead to an increase of ADA to the next resistance level at $1.08. The third resistance is at $1.16.
If the price falls, the first support level to watch will be $0.8786. If this level does not hold, further decline to the next support level at $0.7828 may occur.
