Cardano(ada)market reviews and price predictions
Cardano market statement for 2022-10-06
Yesterday the price of ada stood at $0.43. The market capitalization of the asset was $14 592 010 193. Cardano’s volatility was established at 0.71%. The trading volume of the coin reached $386 899 878.
Cardano prognosis for the next days:
We estimate the price of Cardano to be $0.42 tomorrow 2022-10-08 and $0.44 on 2022-10-14;
We estimate the market capitalization of Cardano to reach $14 626 376 395 tomorrow 2022-10-08 and $14 582 131 744 on 2022-10-10;
We estimate the volatility of Cardano to become 0.58% tomorrow 2022-10-08 and 0.72% on 2022-10-10;
We estimate the trading volume of Cardano to amount to $407 277 612 tomorrow 2022-10-08 and $389 608 653 on 2022-10-10.
Our recommendation for the pair ADA/USD for tomorrow, 2022-10-08, to buy.
Down by 1% : The Cardano market saw some bearish action last week (September 30 - October 6).
The downward movement of the Cardano price last week indicates the chosen market is bearish. The volatility of ADA has been low throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Cardano market stayed flat from September 29 - October 5.
Cardano portrayed neutral behavior last week, with no changes in the price. The price swings of ADA pointed to the presence of low volatility. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Bearish response: The Cardano price melts by 5% between September 26 and October 2.
Between September 26 - October 2, Cardano has been mostly bearish as its price has been in the falling mode. The volatility associated with the ADA market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Bearish response: The Cardano price melts by 5% between September 25 and October 1.
Between September 25 - October 1, Cardano has been mostly bearish as its price has been in the falling mode. The situation on the ADA market shows that the underlying asset is currently experiencing a period of low volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of decreased trading volume.
Cardano lost 6% in the period September 24 - September 30 as a result of selling pressure.
Between September 24 - September 30, Cardano has been mostly bearish as its price has been in the falling mode. The volatility associated with the ADA market was low, as were its price fluctuations. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
September 22 - September 28 market wrap: Cardano had a slight 4% drop.
The downward movement of the Cardano price last week indicates the chosen market is bearish. ADA has been going through a period of low volatility, which fell in line with the occurred price changes. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Cardano slid down by 1% last week (September 16 - September 22) as the sellers pushed back.
The downward movement of the Cardano price last week indicates the chosen market is. ADA was caught in a period of low volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Slightly bearish : traders witnessed Cardano moving down 1% from September 15 till September 21.
The price of Cardano was falling last from September 15 until September 21, giving enough reason to conclude that the market is. ADA was caught in a period of low volatility, which was reflected in its price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of decreased trading volume.
Cardano lost 8% in the period September 12 - September 18 as a result of selling pressure.
The analysis of last week’s price action shows that the Cardano market is in the phase since the price has been moving downward. The price swings of ADA pointed to the presence of medium volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of decreased trading volume.
Cardano lost 6% in the period September 11 - September 17 as a result of selling pressure.
Between September 11 - September 17, Cardano has been mostly as its price has been in the falling mode. The volatility of ADA has been medium throughout the reviewed period in correspondence with the price action. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.