Markets· ★★· bearish·

Cardano's ADA drops 12% in a week to $0.22 as traders watch $0.21 and $0.23

  • —ADA is down 12% on the week, sliding from $0.28 to below $0.22
  • —Key support sits at $0.21; a monthly close above $0.23 would signal a breakout
  • —Whales sold more than 110 million ADA over roughly five days
  • —Daily active addresses on the network fell more than 40%
Why it matters: Holding $0.21 will determine whether ADA's recovery stays intact or the correction extends toward summer lows.
#ADA
Source: TokenPost
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