At an all-time high price, ADA currently came within a penny of its previous U.s Dollar.
Following a renewed retail, Cardano (ADA) made a run at is all-time price high on 18th March. Premised on the tradingview data from Kraken exchange, Cardono , ultimately got to a price of $1.47 on Thursday and which is less of its $1.48 all-time price high.
Riding an upward trendline, Cardano’s 1-hour chart shows the asset has made lows since its correction. As of the time of publication, the price of Cardono recently looks to have flipped the 50-period moving average or MA to aid, at least. The current price of Cardono is close to $1.32. ADA did not fall far enough to hit its 200-periof MA.
Cardano fell nearly 20% in price, after two attempts at its record high on Thursday, on ADA;s hourly chart, after two attempts as its record high. The drop in ADA was at same time, same albeit little correction occurred in Bitcoin’s price.
The snowballing of Cardono seems to have followed an announcement made on March 16 by the United States of America exchange Coinbase where they stated that there will be addition of Cardonon to the Pro platform and of which the trading is to start on Thurday March 18, if the conditions of the liquidity are met.