Cardano price prediction

Our price prediction is based on hi-resolution deal analysis from cryptocurrency exchanges. We are collecting and gather statistics to obtain price support levels that show most important zones witch traders want to buy or sell stocks. These buy/sell histograms showed in report combined with current trend analysis can be used to build high probability forecasting of future price trends. It also can be useful to set a price on calculated levels to be sure maximum profit was received.

Disclaimer
Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. All trading strategies are used at your own risk. This page performs statistical analysis of past data and can be used for assumptions about the future only taking into account the statistical probability

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Cardano price levels prediction for next 30 days

Next 30 days brief prediction

Price of ADA has broken last trend and will FALL from the support level $0.4985

Historic price levels for next 30 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$0.503082275390625 Weight: 9.907 24 May 2022
$0.4807626008987427 Weight: 8.232 29 May 2022
$0.45993584394454956 Weight: 11.115 29 May 2022
$0.4278015196323395 Weight: 71.948 12 May 2022
$0.42436596751213074 Weight: 31.405 18 Jun 2022
$0.3630131185054779 Weight: 12.714 18 Oct 2022
$0.3506110906600952 Weight: 17.686 23 Oct 2022
$0.3500172197818756 Weight: 8.962 23 Oct 2022
$0.34878629446029663 Weight: 12.837 13 Oct 2022
$0.3474641442298889 Weight: 17.841 23 Oct 2022

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.4985 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links


This report should be leaned to get most info about heading trends. It means that Cardano price can be leaded by other, more mighty cryptocurrency, or maybe some market trend have affect on it.

It can be confidently asserted that any crypto currency has a significant dependence on the market as a whole and, in particular, the top 3 currencies - Bitcoin, Ethereum and Ripple, so the prediction of their prices will affect the price of Cardano
Low correlated currencies
Coin Correlation Links


This report should be leaned to build highly diversified portfolio.
It makes sense to mention that a low correlation in this case includes not only coins whose movements are not statistically related but, on the contrary, move in opposite directions (in the case of a negative value of the parameter)