Markets· ★★· bearish·

Cardano's ADA Falls 7.07% to $0.192 on Above-Average Volume

  • —ADA fell 7.07% on the day to $0.1921
  • —Volume of $562.6 million was 25.05% above the 30-day average
  • —RSI at 31.4 and a bearish MACD point to continued weakness
  • —ADA is down 10.62% over seven days and 21.44% over 30 days
Why it matters: With ADA below every major moving average, selling pressure may persist until the price shows signs of stabilization.
#ADA
Source: DiarioBitcoin
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