ADA drops 9.17% to $0.231, tests key support levels
- —ADA trades at $0.231, intraday low at $0.2306
- —Volume of $694.3 million, 14.4% above the 30-day average
- —RSI at 46.2 and negative MACD offer no reversal confirmation
- —Price holds above SMA-50, SMA-90 and SMA-200 but below short-term averages
Why it matters: Holding the SMA-50 and SMA-200 will determine whether the drop remains a technical correction or turns into a deeper decline.
Source: DiarioBitcoin