ADA coin closed the November month with a downtrend. The currency breached the 90-days low and created a new at $0.0333. Within 15 days, the market experienced another price crash that took the Cardano price below the 52-week low and set a new at $0.0308. However, there has been an improvement in the price as the coin returned to $0.033. The speculations of holding the uptrend have strengthened.
Yesterday, the ADA coin started the day at $0.0316. The price moved to $0.0323 by 2.30% but couldn’t hold for much longer and fell to $0.0314 by 3.08%. There was another uptrend that took Cardano’s price to $0.0320. There was a price pullback that brought the ADA price to $0.0305. Further, the price escalated to $0.034 by 13.45% hike. The intraday movement exhibited an 8.72% profit. Today, the price dropped to $0.0330 from $0.034 by 3.84% fall. Recently, Cardano price recovered and is trading at $0.033 by 2.55% hike.
| Resistance Level | Price |
| R1 | $0.035788 |
| R2 | $0.037113 |
| R3 | $0.039565 |
| Support Level | Price |
| S1 | $0.032011 |
| S2 | $0.029559 |
| S3 | $0.028234 |
The traders interested in the ADA coin are recommended to opt for long-term investment. The same would bring the desired return to the investors. The short-term investment might be risky for traders.
