Cardano (ADA) price movement persists the month-long upside trendline despite the initial setbacks due to ongoing bearish volatility. Till April 07, the currency traded with the slow and steady uptrend, but later, after hitting $0.036 price mark, ADA price faced moderate bearish pressure and registered a fall to $0.031. However, again it managed to cross $0.034, and as per the current momentum, it may cross $0.036 soon.
Cardano Price Analysis
ADA coin has had a good run over the past 30 days, even under volatility, raising the hopes of the investor community. The price was below the baseline on March 23 at $0.0269, but then, it picked up the pace and reached a high of $0.0309 on March 27, registering a hike of 15.14%. After this hike, Cardano reflected downside correction, and over the next two days, the price fell to $0.0285 by 8.46%. Later, the price of ADA coin once again shot up and managed a recovery to the extent of 27.63% and crossed $0.0363 on April 08.
After this immense growth, Cardano price once again went down to $0.0314 by 13.50% fall on April 16. However, this did not deter the coin from once again trading in the upper range to $0.0348 yesterday, showing a recovery at 10.64%. Today, there has been a marginal dip observed in ADA coin, which took the price to $0.0347.
Cardano price seems to be vying for a bullish momentum, as indicated by its price trend over the past 30 days. According to ADA Coin price prediction and analysts expect the coin to continues its upward momentum in the upcoming days.