Price Analysis: Cardano (ADA) Price Rises More Than 3% In 24 Hours

Over the past 24 hours, Cardano (ADA) price rose 3.63% to $0.56.

This continues its positive trend over the past week where it has experienced a 14.0% gain, moving from $0.49 to its current price.

As it stands right now, the coin’s all-time high is $3.09.

The chart below compares the price movement and volatility for Cardano over the past 24 hours (left) to its price movement over the past week (right).

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements.

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has climbed 64.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.15%.

ADA Circulating Supply and Trading Volume

This brings the circulating supply to 35.13 billion, which makes up an estimated 78.06% of its max supply of 45.00 billion.

According to our data, the current market cap ranking for ADA is #9 at $19.69 billion.

Disclaimer: The information provided is not trading nor financial advice. Bitcoinworld.co.in holds no liability for any trading or investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any trading or investment decisions.

#Binance #WRITE2EARN

About author
Disclaimer

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.