- The ADA coin price slips below the 200-EMA on the intraday session.
- The 24-hour trading volume is at $1,958 billion.
- ADA/BTC pair is trading negative by 0.5% at 0.00002761 BTC.
Moving Average (EMA) containing 20,50,100,200 In the ADA coin daily price chart, it is a reliable support for currency price trends. Investors can find that price breaks down below the blue line and can guarantee a downtrend as long as prices are below the 200 moving average.
The volume (48.22 M) is below the 20-day moving average (180.127 M). The volume is low, so the cost has been struggling for several days. Investors may also mark a decrease in volume. This indicates that unusual changes are normal on the following trading days.
ADA Coin Price Trend Projects Nominal Signs of Positivity
The daily price chart of the ADA coin moves around the support zone. Depending on the price action, the support area is within $1.50. On the flip side, the resistance range to look for is around $1.85.
The Stochastic RSI showed a K-20 and D-11 followed by a (bullish) crossover with a short-term buy sign. Investors may find that the indicator’s RSI line is running upside. A surge can happen on future trading days.
The MACD shows a (bearish) cross below the signal line on November 16, indicating a sell signal for the currency. In addition, investors can see red bars in the histogram indicator.
Conclusion
Cardano price today is $1.58 with a 24-hour trading volume of $1,952,262,309. ADA price is up 4.9% in the last 24 hours. It has a circulating supply of 32 Billion ADA coins and a total supply of 45 Billion.
The Stochastic RSI shows a buy sign, and MACD indicates a sell signal. Traders have directed low volume. In fact, the cost rebounds from the support zone. A market overview also shows that this pattern will continue to surge in the coming trading days.
Resistance Level: $1.85
Support Level: $1.50