Cardano ADA
Current Price
$0.2723 -0.79%
$0.0082 Daily Range (3.03%)
$0.2699$0.2781
$290.91M Daily Volume
3,603 BTC
Vol/MktCap: 2.89%
Market Performance
1.47% Relative BTC Volume
The total volume of Cardano is $290.91M over the past 24 hours, compared to $19.80B total Bitcoin volume.
Hourly Moving Average
Price Performance
+0.22% 1 Hour Change
$0.2723 from $0.2717
+8.52% 7 Day Change
$0.0232 from $0.2491
+9.20% 14 Day Change
$0.0251 from $0.2472
+6.21% 30 Day Change
$0.0169 from $0.2554
All Time High
September 2, 2021
$3.09 -91.18%
-$2.82 vs. now
24H Change
-87.53M USD -0.86%
-1,084 BTC
Volume and Supply
Total Supply: 45.00B ADA 
36.99B ADA AvailableRelative Supply Ratio
2,246.96 x BTC SupplyRelative Trade Volume
1.06B ADA
traded over past 24 hours
Conversion Tool
Cardano AI Market Analysis
The volume of $375,112,901 represents 3.76% of the market cap, suggesting that trading activity is relatively stable but not particularly robust. The moving averages indicate a bearish short-term trend, with the 8, 13, and 21-hour SMAs all showing declines, while the longer-term 55 and 144-hour SMAs are positive, hinting at potential support levels.
The 1-hour RSI sits at 38, suggesting that ADA is approaching oversold territory, which may signal a potential reversal in the near term. In contrast, the 7-day RSI at 56 indicates that the asset is still within a neutral range, reflecting some upward momentum over the past week, with a price change of 8.08%.
Technically, the asset's inability to hold above the $0.27 mark raises concerns, especially given the strong resistance noted at the 8 and 13-hour SMAs. The positive trends in the 55 and 144-hour SMAs may provide a cushion, but the overall bearish sentiment prevails, driven by recent price action.
Given the current price relative to historical highs and the mixed signals from the technical indicators, Cardano's outlook appears cautiously bearish in the short term. However, the presence of potential support levels in the longer-term moving averages offers a glimmer of hope for recovery.
In conclusion, a Hold rating is warranted at this point. While short-term indicators suggest caution, the longer-term support could provide an opportunity for potential gains if ADA manages to stabilize above $0.27.
Updated 411 minutes ago.
Cardano Relative Price at Market Cap of:
Cardano TradingView Chart
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