Cardano ADA
Current Price
$0.4313 +14.17%
$0.0579 Daily Range (13.43%)
$0.3753$0.4333
$746.77M Daily Volume
8,108 BTC
Vol/MktCap: 4.75%
Market Performance
0.91% Relative BTC Volume
The total volume of Cardano is $746.77M over the past 24 hours, compared to $82.43B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.4039 +6.77%
13 SMA $0.3985 +8.22%
21 SMA $0.3936 +9.58%
55 SMA $0.3971 +8.59%
144 SMA $0.4144 +4.08%
Price Performance
+0.32% 1 Hour Change
$0.4313 from $0.4299
+3.84% 7 Day Change
$0.0166 from $0.4147
-9.39% 14 Day Change
-$0.0405 from $0.4718
-28.04% 30 Day Change
-$0.1209 from $0.5522
All Time High
September 2, 2021
$3.09 -86.10%
-$2.66 vs. now
24H Change
1.96B USD +14.23%
21,246 BTC
Volume and Supply
Total Supply: 45.00B ADA 
36.62B ADA Available81.39% 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
2,254.88 x BTC Supply2,255:1 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
1.85B ADA
traded over past 24 hours
5.04% 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 trading at $0.391393, reflecting a 1.49% increase over the past 24 hours. The daily price range has been tight, fluctuating between a low of $0.372228 and a high of $0.392896, indicating a consolidation phase within a narrow band.
The trading volume stands at 892,830,192 ADA, with a volume-to-market cap ratio of 6.23%, suggesting healthy trading activity relative to its market capitalization. Short-term moving averages indicate a bullish trend, with the 8 SMA and 13 SMA showing upward momentum, while longer-term moving averages (55 SMA and 144 SMA) display bearish signals, indicating potential resistance above $0.4010.
The 1-hour RSI is currently at 76, indicating short-term overbought conditions, while the 7-day RSI at 46 suggests a neutral stance, implying that ADA may be primed for a correction. The recent price performance over the past 7, 14, and 30 days shows declines of 5.88%, 16.39%, and 35.86% respectively, pointing to a longer-term bearish trend.
Given the current price dynamics and the mixed signals from moving averages and RSI indicators, ADA is likely facing short-term resistance around the $0.40 mark. Despite the recent upward movement, the longer-term downtrend and overbought conditions indicate a cautious approach.
In summary, considering the technical indicators and recent price action, I recommend a Hold rating on Cardano (ADA). The potential for a correction in the short term, coupled with longer-term bearish trends, suggests that investors may want to wait for clearer bullish signals before increasing their positions.
The trading volume stands at 892,830,192 ADA, with a volume-to-market cap ratio of 6.23%, suggesting healthy trading activity relative to its market capitalization. Short-term moving averages indicate a bullish trend, with the 8 SMA and 13 SMA showing upward momentum, while longer-term moving averages (55 SMA and 144 SMA) display bearish signals, indicating potential resistance above $0.4010.
The 1-hour RSI is currently at 76, indicating short-term overbought conditions, while the 7-day RSI at 46 suggests a neutral stance, implying that ADA may be primed for a correction. The recent price performance over the past 7, 14, and 30 days shows declines of 5.88%, 16.39%, and 35.86% respectively, pointing to a longer-term bearish trend.
Given the current price dynamics and the mixed signals from moving averages and RSI indicators, ADA is likely facing short-term resistance around the $0.40 mark. Despite the recent upward movement, the longer-term downtrend and overbought conditions indicate a cautious approach.
In summary, considering the technical indicators and recent price action, I recommend a Hold rating on Cardano (ADA). The potential for a correction in the short term, coupled with longer-term bearish trends, suggests that investors may want to wait for clearer bullish signals before increasing their positions.
Updated 433 minutes ago.
Cardano Relative Price at Market Cap of:
Cardano TradingView Chart
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