Cardano ADA
Current Price
$0.2530 -10.72%
$0.0427 Daily Range (16.89%)
$0.2455$0.2883
$1.35B Daily Volume
20,916 BTC
Vol/MktCap: 14.65%
Market Performance
0.96% Relative BTC Volume
The total volume of Cardano is $1.35B over the past 24 hours, compared to $140.67B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.2710 -6.63%
13 SMA $0.2749 -7.97%
21 SMA $0.2789 -9.28%
55 SMA $0.2887 -12.36%
144 SMA $0.2950 -14.24%
Price Performance
-4.62% 1 Hour Change
$0.2530 from $0.2652
-24.37% 7 Day Change
-$0.0617 from $0.3147
-29.57% 14 Day Change
-$0.0748 from $0.3278
-39.44% 30 Day Change
-$0.0998 from $0.3528
All Time High
September 2, 2021
$3.09 -91.80%
-$2.84 vs. now
24H Change
-1.20B USD -11.50%
-18,549 BTC
Volume and Supply
Total Supply: 45.00B ADA 
36.79B ADA Available81.75% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
2,251.70 x BTC Supply2,252:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
5.06B ADA
traded over past 24 hours
13.76% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Cardano AI Market Analysis
Cardano (ADA) is currently priced at $0.247874, experiencing a significant 24-hour decline of 12.50%. The price has seen a daily range between a low of $0.246158 and a high of $0.288263, indicating heightened volatility amid bearish sentiment.
The volume of 1.33 billion ADA represents a 14.59% ratio to its market cap, suggesting active trading but also reflecting a potential overreaction to recent price movements. The hourly moving averages show that the short-term trend is bearish, with the 8 SMA at $0.2710 indicating a drop of 8.52%, and longer SMAs indicating deeper losses, particularly the 144 SMA which reflects a 15.98% decline.
The Relative Strength Index (RSI) readings present a concerning picture, with the 1-hour RSI at 16 signaling extreme oversold conditions, while the 7-day RSI at 39 indicates weak momentum but not yet in the oversold territory. The 7-day, 14-day, and 30-day price changes of -25.48%, -31.04%, and -39.86% respectively point to a consistent downtrend over the past month, underscoring the ongoing selling pressure.
Historically, ADA reached an all-time high of $3.09 in September 2021, and the current price reflects a significant depreciation, emphasizing the need for a market correction. The current technical indicators suggest that unless a reversal occurs, ADA may continue to struggle in the short term, with further downside potential if bearish sentiment persists.
Given the current data and analysis, I recommend a Sell rating. The combination of bearish technical indicators, extreme oversold conditions, and persistent downtrends indicates that ADA is likely to face additional selling pressure before any potential recovery occurs.
The volume of 1.33 billion ADA represents a 14.59% ratio to its market cap, suggesting active trading but also reflecting a potential overreaction to recent price movements. The hourly moving averages show that the short-term trend is bearish, with the 8 SMA at $0.2710 indicating a drop of 8.52%, and longer SMAs indicating deeper losses, particularly the 144 SMA which reflects a 15.98% decline.
The Relative Strength Index (RSI) readings present a concerning picture, with the 1-hour RSI at 16 signaling extreme oversold conditions, while the 7-day RSI at 39 indicates weak momentum but not yet in the oversold territory. The 7-day, 14-day, and 30-day price changes of -25.48%, -31.04%, and -39.86% respectively point to a consistent downtrend over the past month, underscoring the ongoing selling pressure.
Historically, ADA reached an all-time high of $3.09 in September 2021, and the current price reflects a significant depreciation, emphasizing the need for a market correction. The current technical indicators suggest that unless a reversal occurs, ADA may continue to struggle in the short term, with further downside potential if bearish sentiment persists.
Given the current data and analysis, I recommend a Sell rating. The combination of bearish technical indicators, extreme oversold conditions, and persistent downtrends indicates that ADA is likely to face additional selling pressure before any potential recovery occurs.
Updated 86 minutes ago.
Cardano Relative Price at Market Cap of:
Cardano TradingView Chart
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