Cardano (ADA) Ends September Up 23% but Bearish Signals Flash
- —ADA gained 23% over the past month, trading just under $0.25
- —Open interest on ADA fell 9% in a week, from $2 billion to $1.81 billion
- —Whales sold 90 million ADA worth $22.5 million since September 20
- —TD Sequential flashed a sell signal on September 26; ADA is down 10% since
Why it matters: Losing the $0.24 support could accelerate a drop toward $0.21, while holding it opens the door to $0.28.
Source: CryptoPotato