Latest Cardano price and analysis (ADA to USD)

Latest Cardano price and analysis (ADA to USD)

Cardano is currently trading at $1.095 as it seemingly edges closer to continuing its higher time-frame downtrend.

The seventh-largest cryptocurrency by market cap has endured a volatile year of price action, with it surging to an impressive high of $3.091 in September before losing more than 70% of its value in just four months.

At the time of writing, the psychological level of support at $1.00 remains key, a daily close beneath this level would signal continuation to the downside with targets emerging as low as $0.91 and $0.82.