Community Articles

via BeInCrypto · By BeInCrypto Editorial

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

ADA

ADA/USDT

$0.1596

-4.14%

$0.1596

-4.14%

(24s)

24h Volume

$240,246,177.33

24h H/L

$0.1672 / $0.1586

Change: $0.008600 (5.42%)

Long/Short

71.1%

Long: 71.1%Short: 28.9%

Funding Rate

-0.0121%

Shorts pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.1597

▼ -2.44%

Volume (24h): -

Resistance Levels

Resistance 3$0.2047

Resistance 2$0.1743

Resistance 1$0.1637

Price$0.1597

Support 1$0.1567

Support 2$0.1485

Support 3$0.1086

Pivot (PP):$0.161133

Trend:Downtrend

RSI (14):30.0

BeInCrypto Editorial

(07:33 PM UTC)

1 min read

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.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

BeInCrypto Editorial · BeInCrypto

Read original →

Live ADA price →More ADA news →

Comments