
Cardano's ADA Falls 3.87% to $0.2288, Trading Below Short-Term Averages
- —ADA fell 3.87% to $0.2288 from an open of $0.2380
- —Volume of $366.38M is 41.21% below the 30-day average
- —Price sits below 7-, 15- and 30-day SMAs but above 90- and 200-day
- —RSI at 44.7 and bearish MACD show no capitulation signal
Why it matters: Weakness on thin volume does not confirm a reversal — a trend change would need price recovery backed by above-average volume.
Source: DiarioBitcoin