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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

$0.1771

-1.39%

$0.1771

-1.39%

(24s)

24h Volume

$76,884,594.31

24h H/L

$0.1797 / $0.1758

Change: $0.003900 (2.22%)

Long/Short

67.3%

Long: 67.3%Short: 32.7%

Funding Rate

+0.0011%

Longs pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.1770

▲ 0.34%

Volume (24h): -

Resistance Levels

Resistance 3$0.1901

Resistance 2$0.1839

Resistance 1$0.1780

Price$0.1770

Support 1$0.1743

Support 2$0.1684

Support 3$0.1598

Pivot (PP):$0.178033

Trend:Sideways

RSI (14):46.0

BeInCrypto Editorial

(07:33 PM UTC)

1 min read

Verified byEmily Watson

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…

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Source

BeInCrypto Editorial · BeInCrypto

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