Cardano falls 11% to $0.223 as analyst eyes $0.36 on breakout
- —Weekly range for ADA was $0.2159–$0.2561, with a 1.11% daily drop
- —RSI at 42.07 is below the neutral 50 and its 52.62 average, but not oversold
- —Liquidation clusters sit above the market at $0.234–$0.235 and $0.240–$0.244
- —Weekly MACD holds above its signal line: −0.0111 vs −0.0257
Why it matters: ADA is pinned near the lower Bollinger Band: a break below $0.21 opens further downside, while reclaiming the trendline targets $0.30–$0.36.
Source: crypto.news