Cardano (ADA) Price hit all time low, Slips below $1.00 since May

HeadlinesNewsCardano (ADA) Price hit all time low, Slips below $1.00 since May

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Cardano (ADA) Price hit all time low, Slips below $1.00 since May

CoinGape3 hours ago
Published on January 22, 2022 11:07 GMT+00:00edited on January 22, 2022 12:49 GMT+00:00

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Price Analysis: Cardano and Enjin Gain Double-digits, Check Next Resistance Level

Cardano (ADA) price falls for the fifth straight session on Saturday. The Digi currency is on the lookout to hit a fresh all-time low. At the press time, Cardano is trading at $1.0934, down 10.27% for the day. This is the second single-day fall after the previous session’s record sell-off.

  • Cardano (ADA) price hit the lowest level last seen in July.
  • On-chain analysis data suggest a bearish outlook for the token.
  • Expect further slide down in prices, locked in 10% loss on Saturday.

Cardano’s market cap falls to $37.332B and the trading volume rose up to 4% at $2,998,283,369. The highest market cap is recorded at $94.8001B.

Cardano lost more than 60% from ATH at $3.10

On the daily chart, the price falls drastically breaking $1.00000 for the first time since May.  The price has breached the …