Markets· ★★· bearish·

Cardano's ADA Falls 3.74% to $0.204 on Volume Half Its Average

  • —Price at $0.2038; intraday range $0.2024–$0.2079, opened at $0.2118
  • —Daily volume of $253.3 million, 49.42% below the 30-day average
  • —RSI at 35.3, stochastic at 4.7, MACD negative
  • —Market cap $7.5 billion; annualized volatility 66.4%
Why it matters: The low-volume slide does not confirm capitulation, and a durable reversal needs a reclaim of the $0.2062 VWAP and the SMA-200.
#ADA
Source: DiarioBitcoin
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