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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

$0.2164

+0.84%

$0.2164

+0.84%

(24s)

24h Volume

$236,115,850.10

24h H/L

$0.2171 / $0.2091

Change: $0.008000 (3.83%)

Long/Short

70.4%

Long: 70.4%Short: 29.6%

Funding Rate

-0.0019%

Shorts pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.2131

▲ 0.90%

Volume (24h): -

Resistance Levels

Resistance 3$0.2447

Resistance 2$0.2260

Resistance 1$0.2148

Price$0.2131

Support 1$0.2125

Support 2$0.1946

Support 3$0.1844

Pivot (PP):$0.2159

Trend:Sideways

RSI (14):57.4

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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