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Cardano (ADA) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Distributed Software Platform has increased 0.42% to $0.2909708154.
InvestorsObserver is giving Cardano a 23 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cardano!
Low Volatility
The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ADA's low volatility reading pairs 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 well positioned going forward. With support near $0.283377415580589 and resistance set at $0.294145233077843. This leaves Cardano with room to run before facing selling pressures.
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