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Will Cardano Continue to Move with Current Consistency?

Cardano price comparison over the past 5 days indicates an upward movement today. ADA was trading at $0.038521 as on October 2, 2019. The price of the coin continued to rise until the next day post which the price began to fall. It was being traded as low as $0.037515 on October 4, 2019. On the same day, ADA managed to reach the highest trading price of $0.040330.

ADA to USD Price analysis:

ADA at present indicates a bullish run by 3.79% when compared with the lowest trading price of October 4, 2019.

Looking at the movement, we anticipate that the same trend will continue tomorrow also with Cardano attaining fresh heights amidst this bearish sentiment.

As per Cardano price forecast, the ADA price is expected to be traded in the range of $0.03812000 and $0.03885000 today. As per the movement of the coin over the past 5 days, we suggest trading from a long-term perspective. The MACD indicator also reflects the bullish trend for the coin above zero whereas the RSI of the coin is around 60, showing no extremities at present.

Sara Gillard: Sara Gillard is media focused research analyst and strategist with a background in blockchain technology and cryptocurrencies. She contributes latest news and insights into digital economy at a global level. She holds investments in BTC and several altcoins. She is optimistic about potential of cryptocurrencies. In her free time, she enjoys running and aerobics.