![Cardano (ADA) Prediction for July 30](https://u.today/sites/default/files/styles/736x/public/2024-07/s3382.jpg)
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Sellers have turned out to be more powerful than buyers, according to CoinStats.
![Article image](/sites/default/files/inline-images/top10_1266.png)
ADA/USD
The price of Cardano (ADA) has fallen by 2.63% since yesterday.
![Article image](/sites/default/files/inline-images/ada1%60_0.png)
The rate of ADA is bearish on the hourly chart. If bears' pressure continues, there is a possibility of seeing a further decline to the $0.39 range.
![Article image](/sites/default/files/inline-images/ada2_118.png)
On the daily time frame, the price of ADA is about to close far from its peak or low. If it happens, there is a low chance of seeing any sharp moves by the end of the week.
![Article image](/sites/default/files/inline-images/ada3_103.png)
From the midterm point of view, bears are controlling the situation on the market.
If buyers lose the vital zone of $0.40, the correction is likely to lead to the test of the $0.35 mark.
ADA is trading at $0.40 at press time.