Cardano (ADA) price continues its upward rally, which brings some positive outlook. The past seven days have seen that the coin shows great vigor in maintaining its price in the upper range between $0.031 – $0.036.
Since the beginning of this month, ADA coin managed to trade above $0.031 price mark despite the heavy fluctuations observed in the last week. And over the last week, the currency managed to trade above $0.035, and it continued to trade with upside momentum.
Cardano Price Analysis
The ADA coin price continues to trade upwards, as evident from the price movements of the past week. On April 15, the coin started trading at $0.0336, and over the next 24 hours, the coin faced intense pullback pressure. Hence, the price dropped to $0.03145 by 6.33% fall. However, from this low, the Cardano price took an upward rally and reached a high of $0.0348 by 10.71% hike on April 16.
Further, the ADA/USD managed to trade stably for the next 24 hours, and at the closing time, the price spotted at $0.03428. Later, Cardano did not relent and once again took a steep hike to the tune of 6.98% and reached $0.03667 by 6.98%. On April 19, the price fell to $0.03556 by a moderate fall. As per Cardano forecast, the ADA price has again recovered today, showing an upward movement by touching $0.0360.
Cardano price has seen great performance over the past few days, even under moderate bearish pressure. This positive price trend will take the ADA price to the new heights during the course of the year.