Markets· ★★· bearish·

Cardano's ADA Falls 2.93% as Volume Runs 59% Below Average

  • —Price at $0.2225, below its 7-, 15-, 30- and 50-day SMAs
  • —Volume of $252.4 million is 59.16% below the 30-day average
  • —RSI at 42.8, stochastic at 6.1, MACD histogram negative
  • —Market cap $8.19 billion, 92.8% below the $3.09 all-time high
Why it matters: Weakness on thin volume does not confirm a reversal; ADA holders should watch the 90-day SMA at $0.2104 and 200-day SMA at $0.2124.
Source: DiarioBitcoin