Cardano’s “Midnight” testnet fails to move holders: ADA faces 21% drop

Cardano price drops 11% despite the launch of its Midnight testnet, signaling bearish sentiment.

ADA could face a 21% drop, with a possible break of support if downtrends persist.

A resurgence in buying pressure could push ADA above resistance and possibly $0.60.

Cardano price today is $0.342108 USD with a 24-hour trading volume of $344,546,220 USD. We update our ADA to USD price in real-time. Cardano is down 2.44% in the past 24 hours. The current CoinMarketCap ranking is #11, with a market cap of $11,958,863,153 USD.