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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

$0.2540

+0.75%

$0.2540

+0.75%

(24s)

24h Volume

$464,781,110.82

24h H/L

$0.2654 / $0.2506

Change: $0.0148 (5.91%)

Long/Short

76.0%

Long: 76.0%Short: 24.0%

Funding Rate

+0.0047%

Longs pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.2562

▼ -1.00%

Volume (24h): -

Resistance Levels

Resistance 3$0.3181

Resistance 2$0.3082

Resistance 1$0.2654

Price$0.2562

Support 1$0.2549

Support 2$0.2430

Support 3$0.2321

Pivot (PP):$0.254933

Trend:Uptrend

RSI (14):66.3

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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BeInCrypto Editorial · BeInCrypto

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