$ADA
The price of Cardano (ADA) today is $0.74, with a decrease of 5.17% in the last 24 hours. The trading volume in the last 24 hours was $566.41 million, while the market capitalization of ADA is $28.06 billion.
*Technical Analysis:*
- *Relative Strength Index (RSI):*
- *Price Trend:* The price of ADA has decreased by 2.47% in the last day and by 3.65% over the past week¹
*Price Predictions:*
- Some analysts believe that the altcoin season has begun, which could positively affect the price of ADA
- However, cryptocurrency analyst Miles Deutscher shows that there is room for upward movement, especially in oversold altcoins, but he does not expect a booming altcoin season²
*Support and Resistance Levels:*
- Currently not available, but support and resistance levels can be monitored on the charts for ADA
It is worth noting that Cardano (ADA) ranks ninth in the cryptocurrency market capitalization rankings, with many projects built on its network, enhancing its value and position in the market.³
