ADA experienced an 8.70% drop over the last 24 hours.
The rest of the crypto market also posted losses over the same time period.
Should the current support level hold, we would see ADA enter into a 4-10% bullish price rally over the next 2-3 days.
Cardano (ADA), one of the coins that everyone in the crypto space is watching, has experienced a 24-hour price fall as the rest of the cryptos in the market follow the same trend.
At the time of writing (9H40 GMT + 2), the price of ADA is around $0.4571, which is an approximate 8.70% drop in price over the last day. ADA’s price is also down over the last 7 days by just over 25%, according to CoinMarketCap.
Even though its price continued to fall, ADA’s market cap still stands at $15.46 billion — ranking it at number 7 on CoinMarketCap’s list of biggest crypto projects by market cap. Currently, ADA is ranked below Binance USD (BUSD) and above Ripple (XRP).
The daily chart for ADA/USDT shows 3 levels that investors should be aware of if ADA...
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