The price of Cardano (ADA) has increased 4.12% over the past 24 hours to $0.49, which is in the opposite direction of its trend over the past week, where Cardano (ADA) has experienced a 2.0% loss, 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 (ADA) 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.
See Also: Price Analysis: The Price Of Wrapped Bitcoin (WBTC) Increased More Than 5% Within 24 Hours
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 tumbled 28.0% over the past week while the circulating supply of the coin has risen 0.14%.
This brings the circulating supply to 35.09 billion, which makes up an estimated 77.98% of its max supply of 45.00 billion.
According to our data, the current market cap ranking for ADA is #9 at $17.06 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.
Source: https://bitcoinworld.co.in/price-analysis-the-price-of-cardano-ada-up-more-than-4-in-24-hours/