
Cardano's ADA falls 3.42% to $0.2076, testing key support levels
- —ADA trades 93.3% below its all-time high of $3.09 set in September 2021
- —The token is down 16.48% over 30 days and 68.10% over 52 weeks
- —Daily volume of $253.6 million is 50.53% below its 30-day average
- —Nearest support sits at $0.2066, with price below all SMAs from 7 to 200 days
Why it matters: Thin volume and a break of the $0.2066 support could open the door to further ADA losses, while a reclaim of VWAP would signal stabilization.
Source: DiarioBitcoin