Cardano (ADA) under pressure: price at $0.2249, volume 51% below average
- —Price at $0.2249, down 1.90% from the previous close of $0.2292
- —Daily volume of $303.27 million, 51.28% below the 30-day reference
- —RSI at 43.7 and bearish MACD; price sits below SMA-5, SMA-10, SMA-20 and SMA-50
- —Down 10.53% over seven days, but up 14.51% over 30 days
Why it matters: Without a volume expansion and a reclaim of short-term averages, ADA's bounce lacks confirmation and intraday lows become the key supports to watch.
Source: DiarioBitcoin