Cardano (ADA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Distributed Software Platform has increased 3.02% to $0.6522851945.
The Volatility Gauge tracks meaning that one day won’t make or break its rank.
ADA’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Cardano price is trading near resistance. With support set at $0.620525731904279 and resistance set at $0.65797974096037. This positions Cardano with potential selling pressures ahead as it may be getting over extended.
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