Markets· ★★· bearish·

ADA slips 4.71% to $0.257 on volume 32% above average

  • —ADA at $0.2569, down 4.71% on the day but 1.01% above the $0.2544 prior close
  • —Daily volume of $798.5M is 32.29% above the 30-day average
  • —RSI at 57.8, bearish MACD histogram, price below SMA-5 and intraday VWAP
  • —30-day gain 17.88%, 90-day gain 53.45%, market cap $9.45B
Why it matters: The pullback comes on elevated volume with no confirmed catalyst, so traders should watch whether ADA holds SMA-10 support at $0.2531.
Source: DiarioBitcoin