Cardano Technical Analysis (ADA)
$ 0.4353 0.12%
Rank #8
Last update at the same time 2022-09-29T17:02:07.032Z
Technical Analysis of Cardano Coin (ADA)
Cardano's Cap Fundamentals
Market capitalization:
US $ 14,905,464,385.39
Trading volume in 24 hours:
US $ 550,882,223.13
Fully diluted pricing:
US $ 19,589,500,296.44
US $ 14,905,464,385.39
Trading volume in 24 hours:
US $ 550,882,223.13
Fully diluted pricing:
US $ 19,589,500,296.44
Total supply:
34,240,071,834.02
Maximum total supply:
45,000,000,000.00
Total circulation supply:
34,240,071,834.02
34,240,071,834.02
Maximum total supply:
45,000,000,000.00
Total circulation supply:
34,240,071,834.02
Cardano (ADA) Cap and Aggregate Supply Metrics Explained
The market cap metrics give you an overview of how this coin is likely to grow in the future. Here is an example if you look at the Cardano coin (ADA):
- The maximum total supply is 45000000000 ie the number of coins has a certain limit. And if it has been released, as well as having mechanisms to burn coins (destroy some coins) will help this coin not suffer from inflation.
The article analyzes the figures of Cardano coin (ADA)
Investment funds are participating in Cardano investment
According to Coin Market Cap data, we did not find data on the investment funds behind the ADA coin. However, this data is not necessarily accurate. You can find more information on ADA's official website
Price change of Cardano (ADA) for the last 90 days
last 24 hours
0.12 %
0.12 %
the past 7 days
3.77 %
3.77 %
the past 30 days
1.17 %
1.17 %
the past 60 days
18.14 %
18.14 %
the past 90 days
2.98 %
2.98 %
Cardano (ADA) Price Technical Analysis and Some Comments
In the long-term, the price of Cardano has decreased slightly with -2.98192384 % and is located at the price zone of $0.43532223.
The short-term (here we look at the price of the week for a more stable view than intraday) has fallen slightly to -3.77439015
If you are a HOLDER (i.e. players who make profits based on the length of time) then you should focus on the 90 day long term trend. However, if the investment case is the platform coins alone, then you need to observe with a time length that can be longer than 6 months or sometimes 1 year.
If this coin has many large investors who are funds, you should monitor the movements of investment funds to be able to make the right comments in the future.
In the long term future, the cryptocurrency market will grow very strongly, however in the short term there will be bids by market makers. So learn carefully the information so that you can calm down before the ups and downs of the market.
Perspectives when viewing technical analysis if you decide to buy or sell Cardano
Is technical analysis enough to make a decision to buy or sell Cardano?
Absolutely not enough. Since there are many different factors that can affect the price of Cardano, there is also the factor of investor psychology.
For example, within the last 7 days, have you seen Cardano drop? 3.77 %, however it is not certain that this coin will continue to decline in the long-term future.
Cryptocurrency market is a new market and will not have the characteristics of technical analysis like the stock market, gold, .. and many other established markets.
These are just extremely basic analysis of Cardano (ADA), you should not rely solely on this information to make buying or selling decisions.
Calculating the amount to buy based on technical analysis?
You can look at metrics such as current total circulating supply, maximum total supply, and compare the price of Cardano (ADA) coin with those of high ranking coins to see its maximum growth potential. How about this coin?
As far as current and past data goes, no coin has ever had a market cap that has surpassed Bitcoin (BTC) with a market cap of 2 USD, and Ethereum (ETH) with a market cap of 373,506,315,637.07 USD. market is 164,137,326,334.39.
So you can predict if the capitalization of Cardano (ADA) is achieved by the capitalization of 2 coins Bitcoin, Ethereum, how much the price of Cardano coin (ADA) will be able to increase. These are common short-term estimates.
To see the detailed analysis, you can also see more articles How much Cardano (ADA) do you need to buy now to become a dollar millionaire in the future?
Cardano (ADA) price prediction in the future
Based on past data as well as consulting many sources from experts, of course, there will be mixed opinions. However, we want to give you a relative estimate to have more long-term HOLD confidence
These analyzes will be updated regularly as the market changes, We recommend that you use the following information only for reference purposes and not as investment advice.
What is the price of Cardano (ADA) in 2024?
The current price of Cardano is $0.4353 and the coin was started in 2017. Many experts estimate the price of ADA to be in the range. $0.7139 to $1.1318 in 2024What is the price of Cardano (ADA) in 2027?
In the long term, it is likely that ADA coin will have a good breakout. However, this investment requires quite a bit of patience, and this price increase only benefits long-term investors. In 2027 the price of Cardano will probably be around $2.1766 to as high as $4.7885What is the price of Cardano (ADA) in 2030?
The long-term future of the ADA coin will also see growth. Many estimates hope that the price of Cardano coin will be able to go up to about $4.8930 to $11.5796 in 2030What is the price of Cardano (ADA) in 2032?
After 10 years, the Cardano coin is estimated by many experts to fall between $7.4005 to $17.8482 in 2032What should beginner investors in this market keep in mind?
If you are just starting out and do not fully understand the technical aspects of digital currency, we advise you to invest coins on reputable centralized exchanges:
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