CandleFocus Cardano (ADA) Price Prediction for October 24
2024-10-24
Author: Content Editor
The market is mostly green, but the rate of Cardano (ADA) has decreased by 3.87% since yesterday. The price of ADA is trading near its support level of $0.3396 on the hourly chart, which may lead to a further correction to the $0.3350 zone. On the daily time frame, the rate is falling after a bearish closure, and if it closes below $0.3423, the drop may continue to the $0.33-$0.3350 range. Sellers are more powerful than buyers on the weekly chart, suggesting a possible support breakout and decline to the $0.32 area. Currently, ADA is trading at $0.3426.
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