Cardano's ADA Falls 7.37% on October 9 as Selling Pressure Builds
- —ADA fell 7.37% to $0.2356, with an intraday low of $0.2248
- —Trading volume came in 50.22% above the 30-day average
- —Price sits below SMA-7 and SMA-15 but above SMA-30 and SMA-50
- —RSI at 48 and stochastic at 19.2 signal persistent selling pressure
Why it matters: Holding the SMA-30 will determine whether the pullback stabilizes or extends toward lower support levels.
Source: DiarioBitcoin