- Mythos rallies 9%, breaking higher despite weaker trading volume, with strong intraday demand signaling short-term momentum.
- Immutable slips slightly, holding near $0.51 after failing to sustain gains, but its $990M market cap reflects ongoing strength.
- Cardano builds momentum, closing above $0.82 with higher volume, showing resilience and potential to push toward $0.85.
The altcoin market showed mixed signals today as Mythos advanced strongly, Immutable held its range, and Cardano pushed toward higher levels. Price movements reflected both strength and consolidation across different tokens. While Mythos outperformed with a sharp rally, Immutable traded flat, and Cardano showed signs of sustained resilience.
Mythos (MYTH)
Mythos delivered strong gains during the session, rising 9.28% to close at $0.09035. Market capitalization increased to $77.33 million, highlighting renewed demand. Despite a 34% decline in daily trading volume to $140,000, the price action remained decisively bullish.
Source:Coinmarketcap
The circulating supply stood at 855.88 million MYTH out of a total maximum supply of one billion. Intraday trading saw a sharp price spike from $0.0826 to $0.090, signaling robust short-term demand. The chart showed higher highs across the day, reflecting continued upward pressure.
Overall, Mythos displayed significant strength despite weaker volume. The rally indicated strong accumulation and renewed market confidence. If momentum continues, the token could extend gains, although a rebound in trading activity may be necessary.
Immutable (IMX)
Immutable closed the day at $0.5103, showing a small decline of 0.37%. The market cap stood at $990.11 million, reflecting stability. Daily trading volume dropped slightly by 1.7% to $20.3 million, indicating reduced activity.
Source:Coinmarketcap
Price action during the session showed noticeable volatility. IMX peaked near $0.525 before retracing to $0.510, erasing earlier gains. Weak buying demand at higher levels limited the upside momentum.
Despite this, Immutable retained its strong presence with circulating supply at 1.93 billion IMX out of a maximum two billion. The ecosystem maintained relevance even with the minor dip. A rebound above $0.515 would signal renewed momentum, while further losses could test support near $0.50.
Cardano (ADA)
Cardano closed at $0.8297, gaining 1.28% during the session. Its market capitalization rose to $29.67 billion, reflecting steady growth. Trading volume increased by 15% to $676 million, showing greater participation.
Source:Coinmarketcap
The intraday chart showed upward progress with peaks above $0.835 before retreating slightly. ADA maintained a higher support level near $0.822, reflecting controlled buying activity. The positive close reinforced the strength of its daily trend.
Overall, Cardano demonstrated resilience compared with broader market conditions. With improved trading volume and price stability, the token looked positioned for further growth. Consolidation above $0.83 could lead to a test of the $0.85 mark in the short term.
