Cardano's ADA falls 3.29% to $0.197, nears technical support
- —ADA trades at $0.1969, down 3.29% on the day and 10.49% over seven days
- —Daily volume of $346.3 million is 25% below the 30-day average
- —Price sits below SMA-7 ($0.2097), SMA-30 ($0.2339) and SMA-200 ($0.2104)
- —RSI at 33.5 and a bearish MACD signal weakness without capitulation
Why it matters: ADA remains 93.65% below its $3.09 all-time high; a break of the $0.1917 support would add to selling pressure.
Source: DiarioBitcoin