- ADA shows the bearish market now.
- The token has shown the pattern of falling three methods in the last 24 hours.
- The RSI oscillator for ADA shows the NEUTRAL action.
The token has a circulating supply of 32,038,100,437 ADA coins and a max. supply of 45,000,000,000 ADA coins. The last known price of the token, ADA, is 2.4620 and is up by 3.24% over the last 24 hours. It has the current trading volume(s) of 4,140,860,156 with an increase of 12.55% over the last 24 hours. ADA has holders with 235,909 addresses and the active transfer(s) of 4,284,124 in the last 24 hours.
The chart above shows the movement of ADA where 200 DMA has been running above it. From 14 September SMA-200 started to move higher as before it the 200 zone was below to other two SMA’s. We see the token with respect to SMA’s which are 20, 50 and 200 and it is SMA-20 which is below one(SMA-200) SMA and also below the other(SMA-50). We see an upwards pattern under the trendline marked first and then a downwards pattern marked under the latest trendline.
When SMA-20 trailed above SMA-50 we saw an uptrend. In today’s scenario SMA-20 is gaining support from SMA-50 and the returns in this tenure was 15%.
Its top 10 and 20 holders have more than 65% holdings and top 50 and 100 have more than 40% which makes the decent supply side of the coin.
An RSI oscillator is also present in the chart which shows the proper time to buy or sell the token. RSI for the last 5 hours shows the value of 49.106 and marks the neutral action. MA-5, MA-10, MA-20 shows the sell action whereas MA-50 shows the buy action. Even MA-100 and MA-200 show the same sell action. However, the ADA at present is all set to buy.
The bull/bear power has the value of -0.0193 and shows the sell action. The high/low marks the sell action with the value of -0.1930.
The ADA-BTC pair is trailing at the level of 0.0000513 and the gain of 0.52% was seen whereas the ADA-ETH pair is trailing at the level of 0.0006845 and the loss of 2.68% was seen in the last 24 hours. The volume/market cap of the token is 0.05233 and its market dominance is 3.65%.
Conclusion: The days range for the coin is 2.45278-2.5075 and presently is at 2.4600. The 24 hours high and low of the coin is 2.58 and 2.36 respectively. ATH of ADA is 3.10 on 2 September 2021 and ATL is 0.01735 on 1 Oct 2017. ROI (approximate return on investment if purchased at the time of launch) of ADA is 11304.64%. We observed that candles are reaching above SMA-200 and so you can sell it, if attained decent returns or buy it if intraday trading you wish to do.
Technical Instruments:
Pivot: 2.4658
R-1: 2.4740
R-2: 2.4791
S-1: 2.4576
S-2: 2.4525
Note:
- The unit is USD
- SMA-20: Green colour
- SMA-50: Red colour
- SMA-200: Blue colour