Markets· ★★· neutral·

Cardano at $0.230: 11.4% weekly gain and test of $0.232 resistance

  • ADA at $0.230, up 2.17% daily, range $0.2188–$0.2328
  • Weekly gain 11.4%, up 45.89% over 90 days, but down 73% over the year
  • RSI 61.6, stochastic 91.8 — overbought zone
  • Volume $509.85 million, 2.18% below the 30-day average
Why it matters: A breakout or rejection at $0.232 will determine whether ADA's correction has ended or this is just a bounce within a downtrend.
Source: DiarioBitcoin