Markets· ★★· bearish·

ADA drops 7.97% to $0.234, tests $0.225 support

  • —ADA fell 7.97% to $0.234, with an intraday low of $0.2248
  • —Trading volume hit $895 million, 47.47% above the 30-day average
  • —Price sits below SMA-7, SMA-15 and VWAP but above SMA-50 and SMA-200
  • —RSI at 47.3 does not signal oversold conditions; MACD histogram stays bearish
Why it matters: The break below short-term averages raises the risk of losing $0.225 support, though the longer-term structure remains intact.
#ADA
Source: DiarioBitcoin
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