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Price Analysis: The Price Of Cardano (ADA) Up More Than 4% In 24 Hours
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Price Analysis: The Price Of Cardano (ADA) Up More Than 4% In 24 Hours

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. 

Cardano Price Chart | Source: Coinstats

 

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). 

Cardano Price and Volatility Chart

 

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%. 

Cardano Circulating Supply and Trading Volume Chart

 

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.

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