ADA Move May Continue If It Breaks Above 20 EMA On Daily Chart
2022.05.23 18:16
ADA Move May Continue If It Breaks Above 20 EMA On Daily Chart
- CoinMarketCap has placed Cardano (ADA) in the 8th position in terms of market cap.
- Cardano is currently worth $0.5516 after a 3.48% price increase over 24 hours.
- The price of ADA approaches the 20 EMA line on the daily chart and looks to be ready to test and potentially break past it.
CoinMarketCap has placed Cardano (ADA) in the 8th position on its list in terms of market cap. This puts ADA right behind Binance USD (BUSD) in the 7th position and in front of Solana (SOL) in the 9th position.
Cardano is currently worth $0.5516 after a 3.48% price increase over 24 hours and reaching a high of $0.552 over the same time period. This price translated to around 0.00001803 Bitcoin (BTC) and 0.0002661 Ethereum (ETH).
When looking at the longer time periods, ADA saw a 1.69% drop in price over the last week and a 38.33% drop over the last 30 days.
Cardano’s market cap currently stands at $18,552,301,832. The Ethereum-killer also saw a 24 hour trading volume of $532,091,010 which is a 35.85% increase from yest …
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