Altcoins

Cardano Market Report: $ADA Sinks to Monthly Low

Brief:


A declining bitcoin down -10.24% in 24 hours to $6,043.78 is pushing $ADA downwards. Cardano is down -3.66% in 24 hours, down -10.26% on the week and down -22.66% on the month on a last price of 0.00002266 BTC or about $0.1363. Today’s monthly low is 2,237 satoshi. The Cardano marketcap is $3,533,859,714 with a circulating supply of 25,927,070,538 $ADA. $ADA/BTC is trading between a 24hr high of 0.00002356 BTC ($0.1417) and a 24hr low of 0.00002237 BTC ($0.1345) on a 24hr Binance volume of $11,953,800. This trading volume is moderate to heavy. The weekly price trend is down.

Rank

Cardano is ranked #8 today by cryptocurrency market capitalization.

Last price

0.00002266 $ADA/BTC

$USD

last price $ 0.1363
one week ago $ 0.1519

Price change

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

period change
day -3.66%
week -10.26%
month -22.66%

Volume

Volume

$ADA 24 hour volume
BTC $11,953,800
all $ADA currencies $76,311,900

The 24 hour volume for $ADA/BTC on Binance is $11,953,800. This volume weight is moderate to heavy when compared with Binance daily trading levels for $ADA over the last month.

The total 24 hour volume for all reporting $ADA markets is $76,311,900.

Market Share

The Binance currency pair $ADA/BTC is 15.66% of all $ADA traded in twenty-four hours. Binance USDT is the top pair.

Top $ADA Pairs

Tap/click for detail:

Software Glitch Blacks Out USDT Pairs
The top pair could not be used because a software glitch blacked out the USDT pairs on Binance. They recently introduced system upgrades including a new TradingView style chart to complement the original chart. No USDT pairs could be seen despite several tries on a recent chip and Windows Firefox browser running on a 225MBPS network:

Remarks

A declining bitcoin down -10.24% in 24 hours to $6,043.78 is pushing $ADA downwards. Cardano is down -3.66% in 24 hours, down -10.26% on the week and down -22.66% on the month on a last price of 0.00002266 BTC or about $0.1363. The Cardano marketcap is $3,533,859,714 with a circulating supply of 25,927,070,538 $ADA. $ADA/BTC is trading between a 24hr high of 0.00002356 BTC ($0.1417) and a 24hr low of 0.00002237 BTC ($0.1345) on a 24hr Binance volume of $11,953,800. In moderate to heavy volume trading the weekly trend is down.

When the weekly resistance is the first entry in the weekly period seven days ago, and the weekly support is today’s low price – as it is today – it’s a bear market. Many other altcoins are also reeling with the dropping bitcoin price.

If you withdrew $1000 cash from a bitcoin teller machine today it would be worth 10% LESS ($100) than if you withdrew it yesterday.

The last time Cardano was this low was in mid April 2018. While that was bad news, the low it came from in mid March was even lower at 0.00000570 satoshi.

Historically, $ADA could drop a lot further than today’s last price.

One Year $ADA Chart

$ADA One Day Candles

Browse Cardano Collection

Learn about the unique characteristics of $ADA. Browse our collection of Cardano Market Reports.

Friday June 22 2018 Bitcoin Background

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

24 Hours of Bitcoin
24 Hours of #Bitcoin
-10.24% price $6,043.78
vol $4,840,770,000
mktcap $103,404,917,679
17.11M #XBT 22:40
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

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

Highlight Chart

Tap / click to enlarge:

A declining bitcoin down -10.24% in 24 hours to $6,043.78 is pushing $ADA downwards. Cardano is down -3.66% in 24 hours, down -10.26% on the week and down -22.66% on the month on a last price of 0.00002266 BTC or about $0.1363.
A declining bitcoin down -10.24% in 24 hours to $6,043.78 is pushing $ADA downwards. Cardano is down -3.66% in 24 hours, down -10.26% on the week and down -22.66% on the month on a last price of 0.00002266 BTC or about $0.1363.

Data sources

Main Data Source

Binance is the main data source for this report. The One Day Candles chart, highlight chart, and digital asset numeric trading data are from Binance.

Secondary

CoinMarketCap is the secondary data source for this report. The One Year Chart, cryptocurrency rank, token circulating supply, and daily market share are sourced from CoinMarketCap.com.

Tertiary

XBTLivePriceTM and 24 Hours of Bitcoin are fine data products from KittyBitcoin.com

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 $ 3,533,859,714
Circulating supply 25,927,070,538
Last price $ 0.1363

Daily High Low

daily high 0.00002356 BTC
daily low 0.00002237 BTC

Trend

The weekly trend is down.

trend is DOWN

Trend is "down" when the weekly price movement is predominantly downwards.

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00002356 BTC
week 0.00002543 BTC

Support

Support is the lowest price within the period:

period support
day 0.00002237 BTC
week 0.00002237 BTC

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

A declining bitcoin down -10.24% in 24 hours to $6,043.78 is pushing $ADA downwards. Cardano is down -3.66% in 24 hours, down -10.26% on the week and down -22.66% on the month on a last price of 0.00002266 BTC or about $0.1363. The Cardano marketcap is $3,533,859,714 with a circulating supply of 25,927,070,538 $ADA. $ADA/BTC saw weekly resistance at 0.00002543 BTC ($0.1530) and weekly support at 0.00002237 BTC ($0.1345). Market sentiment is bearish. The weekly price trend is down in daily moderate to heavy volume trading.

Cryptocurrency Storage Safety

Don’t RISK your crypto on an exchange. Use a COLD STORAGE bitcoin safe from Trezor.

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 Friday June 22 2018 22:01 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Tags

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

Thanks for reading! 🙂
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KittyBitcoin supplies blockchain intelligence on http://kittybitcoin.com, on industry leading websites, and through white label channels since 2014. Follow @KittyBitcoin on Twitter®.
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