Markets· ★★· bearish·

Cardano's ADA falls 3.59% to $0.2287, tests key support levels

  • —ADA trades at $0.2287 within a daily range of $0.2188–$0.2316
  • —Price sits below SMA-7, SMA-15 and SMA-30 but above SMA-50, SMA-90 and SMA-200
  • —Volume is 30.32% below the 30-day average; MACD is bearish and RSI stands at 45.2
  • —Immediate support is the daily low, followed by SMA-200 at $0.2126 and SMA-90 at $0.2090
Why it matters: A break below $0.2126 support would open the door to further losses, while a recovery above $0.2324 would be the first sign of stabilization.
Source: DiarioBitcoin