Cardano ada native token
Adding 3% in the past 24 hours after the NASDAQ said it expanded its cryptographic reference index from five to nine active, adding Ada alongside XRP, Solana and Stellar.
ADA has experienced significant price volatility overnight, establishing a negotiation range of 8.8% between $ 0.66 and $ 0.72, depending on the technical analysis of Coindesk Research. It was recently negotiated at $ 0.6,951.
ADA negotiation volumes have increased by 68% in the last 24 hours, suggesting active market participation despite uncertain conditions. Its addition to the NASDAQ index could considerably increase the visibility of Cardano among traditional investors.
Market analysts note that the level of $ 0.70 has become a crucial psychological support zone which will probably determine the short -term trajectory of ADA after its previous bullish momentum.
The Coindesk 20 index, which follows the wider performance of the cryptography market, has increased by around 4% in the last 24 hours.
Technical analysis
- ADA presented significant volatility over the period 24 hours a day, establishing a negotiation range of 8.8% between $ 0.66 and $ 0.72 before dropping by 3.3%.
- Prices action was a clear upward trend from $ 0.67 to $ 0.72 with a high volume medium at $ 0.68.
- The recent decline from $ 0.72 to $ 0.69 suggests taking advantage after the rally, the level of 0.70 emerging as a key psychological support area.
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