Cardano

<ul><li>ADA Whale reports historically low volatility levels in the Cardano market, significantly dropping from over 100% a year ago to 67%.</li><li>Technical indicators suggest bullish sentiment in the Cardano market.</li><li>Stochastic RSI reading of 92.28 indicates Cardano is currently overbought, signaling the potential for price correction.</li></ul>ADA Whale, a prominent figure in the Cardano community, recently shed light on the current state of cryptocurrency volatility. According to his post on X, the crypto market, particularly Cardano (ADA), is experiencing some of its lowest volatility levels in history. The ADA/USD 3-month daily annualized volatility stands at 67%, a significant drop from over 100% just a year ago. Delving deeper into historical data, ADA Whale pointed out that since February 2018, volatility has been higher 93% of the time.According to the latest date from<a href="https://coinmarketcap.com/currencies/cardano/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>, ADA has recorded a price surge of 1.57% and is exchanging hands at $0.2512. The bulls have established a support level of $0.2465 and a resistance level of $0.2547. The current market capitalization has also recorded an increase of 1.48% and is currently at 1.48%. The current optimism in the ADA market might continue in the near future, as indicated by the increase in the trading volume of ADA, which has recorded a price increase of 0.09% to 0.09%.Read full article at<a href="https://cryptotale.org/cardano-ada-hits-historic-low-volatility-bullish-signals-emerge/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Cardano (ADA) Hits Historic Low Volatility: Bullish Signals Emerge

CryptoTale

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