Market Analysis
On October 1, 2024, Cardano (ADA) is trading at approximately $0.3542 with recent volatility observed between $0.3536 and $0.35515 in the last hour of trading. The overall trend shows a slight downward movement after testing higher resistance levels, indicating potential market consolidation.
The trading volume is currently around 40,780 ADA, reflecting moderate interest. Notably, the recent price action indicates a key support level around $0.3538 and resistance near $0.3573. Market sentiment appears cautious, likely influenced by broader cryptocurrency market fluctuations.
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