Cardano (ADA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Distributed Software Platform has declined 4.77% to $0.8034664506.
Moderately VolatileInvestorsObserver gives Cardano a moderate volatility rank of 26, placing it in the bottom 26% of cryptos on the market.
The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. ADA's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Cardano price is well positioned going forward. With support set at $0.769760802760466 and resistance set at $0.817254498973234. This leaves Cardano with room to run before facing selling pressures.