Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

ADA Beats All the Other Top 10 Cryptos in Terms of 24-Hour Gains

Published 01/09/2023, 02:39 AM
Updated 01/09/2023, 03:00 AM
ADA Beats All the Other Top 10 Cryptos in Terms of 24-Hour Gains
BTC/USD
-
ETH/USD
-
ADA/USD
-
DOGE/USD
-

  • ADA’s price received a major boost over the last 24 hours.
  • The altcoin’s price has also outperformed BTC and ETH.
  • ADA’s price now has to overcome a weekly resistance level before it can continue its rally.

The crypto market has seen fresh bullish support enter the market over the last 24 hours, according to CoinMarketCap. All of the prices of the top 10 cryptos have risen in the past day. One such crypto is Cardano (ADA), which is leading the charge in the top 10 list in terms of 24-hour gains. At press time, ADA is up 18.79%, taking ADA’s price up to $0.3285.

ADA’s price has also strengthened against the two crypto market leaders, Bitcoin (BTC) and Ethereum (ETH). CoinMarketCap shows that ADA has strengthened against BTC by 16.61% and has strengthened against ETH by 14.29%.

The daily trading volume for ADA has surged over the last 24 hours. This may be the catalyst for ADA’s impressive 24-hour gain. Currently, ADA’s daily trading volume stands at $845,578,922, which is a 427.72% increase compared to yesterday.

The double-digit 24-hour gain for ADA has pushed its weekly performance up to 31.29%. This mini rally has also resulted in ADA overtaking Dogecoin (DOGE) at the number 8 spot on the top 1 ...

The post ADA Beats All the Other Top 10 Cryptos in Terms of 24-Hour Gains appeared first on Coin Edition.

See original on CoinEdition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.