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via BeInCrypto · By BeInCrypto Editorial

Cardano Most Oversold RSI in History But Traders are Putting a 2.5x Long Bet

ADA

ADA/USDT

$0.1655
+1.66%
24h Volume

$90,362,671.27

24h H/L

$0.1670 / $0.1628

Change: $0.004200 (2.58%)

Long/Short
71.6%
Long: 71.6%Short: 28.4%
Funding Rate

+0.0018%

Longs pay

Data provided by COINOTAG DATALive data
Cardano
Cardano
Daily

$0.1649

-

Volume (24h): -

Resistance Levels
Resistance 3$0.1957
Resistance 2$0.1743
Resistance 1$0.1694
Price$0.1649
Support 1$0.1616
Support 2$0.1540
Support 3$0.1382
Pivot (PP):$0.164433
Trend:Sideways
RSI (14):47.0
BE
BeInCrypto Editorial
(07:33 PM UTC)
1 min read
EW
Verified byEmily Watson
956 views
0 comments

The worst headlines Cardano has seen in five years have arrived at the same moment as its most extreme technical bottom signal ever. ADA trades at $0.1669, below $0.20 for the first time since 2021 and down 39% in a month.

The decline arrived with a cascade of bad news: a founder break announcement, a DeFi collapse warning, a canceled summit, suspended leadership at the Cardano Foundation, and a…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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BeInCrypto Editorial · BeInCrypto

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