CoinJournalOctober 22, 20262 min read
Cardano risks further losses as ADA drops below the $0.220 support
Key takeaways Cardano trades below $0.22 after failing to sustain a move above its 50-day EMA. ADA’s long-to-short ratio stands at 0.79, approaching its lowest reading in more than a month.
Key takeaways Cardano trades below $0.22 after failing to sustain a move above its 50-day EMA. ADA’s long-to-short ratio stands at 0.79, approaching its lowest reading in more than a month. Negative funding rates indicate increased demand for bearish derivatives exposure. Cardano recovery stalls below key moving average Cardano remained under pressure on Thursday, trading […]
Share this story
Skip to swapping
Start a swapRepublished from public RSS feeds for on-site reading, information only; not investment advice. Not affiliated with VeilSwap.