Daily Price Analysis 10/12: Cardano (ADA), Monero (XMR), Tron (TRX), IOTA (MIOTA), Dash (DASH), NEO (NEO)

The cryptocurrency market has been able to retain its position over the past 24 hours. The total market cap has remained flat at $201 billion while trading volumes dropped slightly.

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The cryptocurrency market has been able to retain its position over the past 24 hours. The total market cap has remained flat at $201 billion.

The daily trading volume meanwhile has dropped from the $15 billion recorded yesterday to now stand at $13 billion.

Cardano (ADA) price analysis

Cardano is trading in the green after rising by less than 1% over the past 24 hours. Despite the rise, ADA is still trading at $0.75.

The 24-hour trading volume meanwhile has dropped slightly over the past few hours, from yesterday’s $60 million to $52 billion today.

The ninth largest cryptocurrency is down by 6.2% against the USD over the past few days. It was trading at $0.80 five days ago but has been on a decline to now trade at $0.75. It has also lost 3.8% against BTC over the past five days.

Monero (XMR) price analysis

Monero is still trading in the red despite the market stabilizing over the past 24 hours. XMR was trading at $102 yesterday and has been able to retain that price despite dropping by less than 1% over the past few hours.

The daily trading volume meanwhile has dropped massively over the past 24 hours.

XMR 24-hour trading volume yesterday was $207 million but has dropped dramatically to now stand at $16 million.

Against the U.S. Dollar, XMR is down by over 9.3% over the past five days. It was trading at $114 five days ago but has since dropped to now trade at $102. It is also down by 5.4% against BTC during that timeframe.

Tron (TRX) price analysis

Just like Cardano, Tron is trading in the green after rising by less than 1% over the past 24 hours. TRX was trading at $0.022 yesterday and is still trading at that price.

The daily trading volume yesterday was $174 million but has declined to now stand at $152 million.

Against the USD, TRX has lost 7.2% of its value over the past five days. It was trading at $0.024 five days ago but has since then dropped to now trade at $0.022. It has meanwhile lost 3.3% against BTC during that time period.

IOTA (MIOTA) price analysis

IOTA lost nearly 2% of its value over the past 24 hours. It was trading at $0.51 yesterday but continued to decline and now trades at $0.49.

The 24-hour trading volume is down by $10 million over the past few hours, from $37 million to $27 million.

MIOTA is down by 11.7% against the U.S. Dollar over the past few days. It was trading at $0.56 five days ago but experienced a sharp midweek slump, to $0.49. It has lost nearly 8% of its value against BTC over the past five days also.

Dash (DASH) price analysis

Dash is also down by over 1% over the past 24 hours. It was trading at $163 yesterday but has since then declined to now trade at $160.

The 24-hour trading volume has dropped from $209 million yesterday to now trade at $177 million.

A look at its chart shows that DASH has lost 12.2% of its value against the USD over the past five days. Dash was trading at $181 five days ago but began a decline that now sees it trading at $160.

It has meanwhile lost 8.6% of its value against BTC during that time frame.

NEO (NEO) price analysis

NEO has lost less than 1% of its value over the past 24 hours. NEO was trading at $16.17 yesterday but has dropped to now trade at $15.95.

Despite the price decline, the trading volume is up from $196 million yesterday to now stand at $214 billion.

NEO is down by 11% against the U.S. Dollar over the past few days. It was trading at $17.96 five days ago but has dropped to now trade at $15.95. It has meanwhile lost roughly 7% against the BTC over the past few days.

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