Ada de Cardano
Token is negotiated at $ 0.5679, down 2.78% in the last 24 hours, after erased a previous price rebound, according to the Technical Analysis model of Coindesk Research.
Despite a briefly higher thrust during the second half of the session, Ada failed to keep the momentum upwards and slipped to its daily bottom at the end.
Throughout the day, the downstream structure persisted, with lower ups capped each attempt to recover. The token struggled to resume traction even though the broader feeling of cryptography improved on geopolitical developments. ADA has been late compared to peers during the recent rebound in the market, maintaining the pressure on short -term support.
Investors are now looking at if ADA can defend the deeper structural levels in the area from $ 0.55 to $ 0.50, because the wider market reacts both to the softening of tensions and to economic data pointing towards a slower global commercial activity.
Strengths of technical analysis
- Ada exchanged in a 24 -hour range of $ 0.0175 (3.01%) From $ 0.5928 to $ 0.5753.
- The action of the prices has formed a descending channel with lower ups and lower stockings.
- A notable sale at high volume occurred for 9:00 am when ADA reached its low INTRADAY.
- The ADA briefly bouncing from $ 0.5753 to $ 0.5835 for 1:00 p.m., displaying the highest hourly volume of the period (63.5 m).
- In the last hour of the analysis window, ADA won 1.04%, from $ 0.577 to $ 0.583.
- Eruptions greater than $ 0.582 and $ 0.585 during this rally encountered immediate resistance.
- Candle 13:45 saw the largest time of time at 3.78 million units.
- A minor withdrawal followed, with a price from $ 0.585 to $ 0.582 around 13:51.
- Buyers intervened to defend the level of $ 0.581, temporarily stabilizing prices.
- After the rally wedged, Ada refused at the end, reaching a session hollow of $ 0.5,679.
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