Cardano (ADA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Distributed Software Platform has declined 5.74% to $0.9069420613.
Moderately VolatileInvestorsObserver gives Cardano a moderate volatility rank of 28, placing it in the bottom 28% of cryptos on the market.
The Volatility Gauge takes into account meaning that one day won't make or break its rank. ADA's moderate volatility reading is coupled 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 trading near resistance. With support near $0.846596901334071 and resistance around $0.919137422955775. This positions Cardano with potential selling pressures ahead as it may be getting over extended.