Markets· ★★· bearish·

Cardano's ADA slips 1.63% to $0.234 as volume runs 45% below average

  • —Price at $0.234, down 1.63% on the day near the intraday low
  • —Volume of $341.2 million is 45.26% below the 30-day average
  • —MACD histogram negative, RSI at 46.8 below the 50 midpoint
  • —ADA trades 92.44% below its all-time high of $3.09 set in September 2021
Why it matters: The weak technical setup on thin volume offers no confirmation of a reversal, leaving holders to watch for a reclaim of the $0.241 SMA-30.
#ADA
Source: DiarioBitcoin
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