header banner
  • Menu
Default

Is it Time to Cash Out on Cardano (ADA), Low Volatility but Rising on Friday?

  • 👤 Andrea Odonnell
  • 👁 1314
  • ⏰ Published: 2023-11-09 Time: 20:30:03
Table of Contents
  • Mnemonic AI releases the Digital Twin of the Customer. An AI that impersonates customers' personalities, values, needs, wants, and pain points
  • Four Trustees Elected, One Trustee Appointed to Internet2 Board of Trustees
  • ContactMonkey Named to the 2023 Deloitte Technology Fast 50(TM) Awards Program as Canada's Fastest Growing Tech Company
  • Bravo Consulting wins Value Extend Partner of the Year for the Americas at Cisco Partner Summit 2023
  • Reveal HealthTech Partners with CancerX and the CancerX Accelerator Program to Drive Cancer Innovation
  • Pyramid Consulting, Inc., and Outstaffer Strike Strategic Partnership to Expand Reach and Transform Global Recruitment and Hiring

    • News Home

    Cardano (ADA), Low Volatility but Rising Friday: Is it Time to Cash Out?

    Cardano (ADA) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the Distributed Software Platform has advanced 1.08% to $0.2465202321.

    volatility - 24

    InvestorsObserver is giving Cardano a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cardano!

    Low Volatility

    VIDEO:
    InvestorsObserver gives Cardano a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market.

    The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. ADA's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

    Cardano price is trading near resistance. With support around $0.242017650489371 and resistance around $0.24691293526129. This positions Cardano with potential selling pressures ahead as it may be getting over extended.

    What is a Coin?

    VIDEO:
    A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

    Stay In The Know

    VIDEO:

    Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.

    Related Articles

    VIDEO:

    You May Also Like

    VIDEO:

    Sources

    Article information

    Author: Andrea Odonnell

    Last Updated: 1699558203

    Views: 1314

    Rating: 3.6 / 5 (57 voted)

    Reviews: 96% of readers found this page helpful

    Author information

    Name: Andrea Odonnell

    Birthday: 1946-12-16

    Address: 1765 Trevor Village Apt. 539, West Craigchester, NM 84302

    Phone: +3925314561085315

    Job: Renewable Energy Analyst

    Hobby: Graphic Design, Traveling, Skiing, Embroidery, Fishing, Gardening, Chess

    Introduction: My name is Andrea Odonnell, I am a treasured, apt, priceless, variegated, cherished, dedicated, skilled person who loves writing and wants to share my knowledge and understanding with you.