Markets· ★★· bearish·

Cardano drops to $0.2318 after $0.28 rejection, testing ascending channel support

  • —ADA trades at $0.2318, session low $0.2288, high $0.2582
  • —Down 9.28% on the day and 17.2% below the early-October peak near $0.28
  • —Daily RSI at 46.02, MACD histogram negative at -0.0017
  • —4-hour Supertrend flipped bearish at $0.254
Why it matters: Holding channel support near $0.21 keeps the uptrend structure intact; a break opens the way to $0.20.
#ADA
Source: Cryptonews.net
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