Altcoins

Cardano Market Report: $ADA Up 675.45% on the Month

$Ada is the darling of the Christmas cryptos with stunning performance of up 675.45% in just one month. Cardano is up 0.39% in 24 hours, up 263.25% on the week and up 675.45% on the month on a last price of 0.00002590 or about $000.49.
$Ada is the darling of the Christmas cryptos with stunning performance of up 675.45% in just one month. Cardano is up 0.39% in 24 hours, up 263.25% on the week and up 675.45% on the month on a last price of 0.00002590 or about $000.49.

Brief:


Three digit percentage performance over a month anywhere is excellent. $Ada is the darling of the Christmas cryptos with stunning performance of up 675.45% in just one month. Cardano is up 0.39% in 24 hours, up 263.25% on the week and up 675.45% on the month on a last price of 0.00002590 BTC or about $000.49. The Cardano marketcap is $12,704,264,564 with a circulating supply of 25,927,070,538 $ADA. $ADA/BTC is trading between a 24hr high of 0.00002660 ($00.49) and a 24hr low of 0.00002434 ($00.46) on a 24hr Bittrex volume of 7,218 BTC. In moderate volume trading the weekly trend is up.

Last price

0.00002590 $ADA/BTC

$USD

last price $ 000.49
one week ago $ 00.13
percentage 276.92%

Volume

Volume

$ADA 24 hour volume
BTC 7,218 BTC
all $ADA currencies 12,671 BTC

The 24 hour volume for $ADA/BTC on Bittrex is 7,218 BTC. This volume weight is moderate when compared with Bittrex daily trading levels for $ADA over the last month.

The total 24 hour volume for all reporting $ADA markets is 12,671 BTC.

Market Share

The Bittrex currency pair $ADA/BTC is 56.96% of all $ADA traded in twenty-four hours. After Bittrex, Binance, CoinNest and Mr. Ripple hold down daily market share of second, third and fourth respectively. No other exchanges are reported to trade $ADA according to CoinMarketCap.com.

Remarks

Three digit percentage performance over a month anywhere is excellent. $Ada is the darling of the Christmas cryptos with stunning performance of up 675.45% in just one month. Cardano is up 0.39% in 24 hours, up 263.25% on the week and up 675.45% on the month on a last price of 0.00002590 BTC or about $000.49. The Cardano marketcap is $12,704,264,564 with a circulating supply of 25,927,070,538 $ADA. $ADA/BTC is trading between a 24hr high of 0.00002660 ($00.49) and a 24hr low of 0.00002434 ($00.46) on a 24hr Bittrex volume of 7,218 BTC. In moderate volume trading the weekly trend is up.

$ADA is not some flash in the pan crypto here today gone tomorrow. This digital asset is sixth in market capitalization with well over twelve billion dollars in marketcap. That’s solid top ten performance. It shares its high ranked capitalization status with ethereum, ripple and litecoin – good company anywhere.

History
CoinMarketCap’s first reporting of $ADA began on October 02 of this year (2017). It saw its first significant spike almost two months later – in late November. Cardano saw mixed red and green daily candles until four days ago.

On December 14 2017 $ADA experienced heavy volume trading and a steep price climb. The next day profit taking saw a daily red candle and a lower price.

On December 15 $ADA saw some of its heaviest volume trading ever along with record high prices. The uptrend has continued for a week so far. It’s been a good Christmas for Cardano up 263.25% on the week and up 675.45% on the month.

Cardano About
“Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.”

Cardano Website
https://www.cardanohub.org/en/home/

CoinMarketCap.com YTD Chart

One Day Candles

Monday December 18 2017 Bitcoin Background

Altcoins such as Cardano may show a relationship with bitcoin (BTC) which changes with the alt, bitcoin and market conditions:

24 Hours of Bitcoin
24 Hours of #Bitcoin
-2.42% price $18,846.60
vol $14,460,200,000
mktcap $315,686,675,145
16.75M #XBT 22:09 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Altcoin Market Reports
We publish topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.

Price change

Price change is the $ADA percentage change within the period:

period change
day 0.39%
week 263.25%
month 675.45%

Highlight Chart

Tap / click to enlarge:

$Ada is the darling of the Christmas cryptos with stunning performance of up 675.45% in just one month. Cardano is up 0.39% in 24 hours, up 263.25% on the week and up 675.45% on the month on a last price of 0.00002590 or about $000.49.
$Ada is the darling of the Christmas cryptos with stunning performance of up 675.45% in just one month. Cardano is up 0.39% in 24 hours, up 263.25% on the week and up 675.45% on the month on a last price of 0.00002590 or about $000.49.

Data source

Bittrex is the main data source for this report. Other sources are credited where used.

Market capitalization

Market capitalization is the total $US dollar value of the Cardano market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 12,704,264,564
Circulating supply 25,927,070,538
Last price $ 000.49
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 0.00002660
daily low 0.00002434

Trend

The weekly trend is up.

trend is UP

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00002660
week 0.00002933

Support

Support is the lowest price within the period:

period support
day 0.00002434
week 0.00000680

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Three digit percentage performance over a month anywhere is excellent. $Ada is the darling of the Christmas cryptos with stunning performance of up 675.45% in just one month. Cardano is up 0.39% in 24 hours, up 263.25% on the week and up 675.45% on the month on a last price of 0.00002590 BTC or about $000.49. The Cardano marketcap is $12,704,264,564 with a circulating supply of 25,927,070,538 $ADA. $ADA/BTC saw weekly resistance at 0.00002933 ($00.54) and weekly support at 0.00000680 ($00.12). Market sentiment is bullish. The weekly trend is up in today’s moderate volume trading.

Analytic Strategy: Objective Analysis

Objective analysis begins free of subjectivity. Interpretation of technical analysis geometric patterns, for example perceived shapes on a trading chart, is inherently subjective. This report is free of technical subjectivity to the maximum extent reasonably possible.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Monday December 18 2017 22:01 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Thanks for reading! 🙂

Tags

Cardano, $ADA, BTC, Bittrex, Market, Report, $ADA/BTC, altcoins

@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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