Cardano Price Analysis for Today (Nov 28, 2024)
The current Cardano price ($ADA ) is $0.9799 , the price is down -3.07% in the last 24 hours. ADA is currently listed on 62 exchanges , and 1,502,277,328 ADA coins have been traded in the last 24 hours, representing $1,472,140,558 in trading volume.
Cardano (ADA) opened at $1.01 today. It is down -2.93% from the opening price. Despite rallying to $1.03, Cardano (ADA) has encountered resistance and has failed to maintain the momentum to move higher. ADA has gained over 180.53% compared to last month's price. From the highest price over the last 30 and 7 days, its value has decreased by -14.15%, while from the lowest price recorded over the same period of time, it has increased by 205.27% and 32.69%.
According to our analysis, ADA needs to remain above $0.8786 to potentially move towards the first major resistance level at $1.00. A breakout above $1.00 could lead to ADA rising 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 out for is $0.8786. If this level fails to hold, further decline to the next support level at $0.7828 is possible.
