Geopolitical tensions and regulatory uncertainty continue to shape the markets of cryptocurrencies like Cardano
Experience the action of volatile prices between $ 0.664 and $ 0.690. Despite solid basic principles of the network, including the exceeding of 110 million total transactions, ADA faces downward pressure in the midst of broader concerns in the market concerning inflation and monetary policy decisions.
Technical analysis
- ADA-USD presented a 24-hour volatile negotiation range of 0.026 (3.85%), forming a consolidation model between $ 0.664 and $ 0.690.
- Significant resistance encountered at $ 0.690 with high volume rejection during 01:00.
- Solid support established at $ 0.665 with a significant purchase pressure emerging at 10:00 am and 12:00.
- The 4 -hour mobile average suggests a slight lower bias, the price currently testing the mid -range level around $ 0.672.
- The clear resistance area was formed around $ 0.676, with a peak volume during the period 13: 36-13: 40.
- The withdrawal at $ 0.668 at 2:00 p.m. has established a new level of support, with an immediate purchase pressure posting prices over $ 0.671.
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