Cardano Native Adaken
3% was added in the last 24 hours after Nasdaq said it extended its cryptography reference index of five to nine assets, adding Ada next to XRP, Solana and Stellar.
Ada experienced significant price volatility during the night, establishing a negotiation range of 8.8% between $ 0.66 and $ 0.72, according to the technical analysis of Coindesk Research. Recently it was quoted at $ 0.6951.
Negotiation volumes for ADA have increased 68% in the last 24 hours, which suggests an active market participation despite uncertain conditions. Its addition to the Nasdaq index could significantly increase cardan visibility among traditional investors.
Market analysts point out that the level of $ 0.70 has emerged as a crucial psychological support zone that will probably determine Ada’s short -term trajectory after its previous bullish impulse.
The Coendesk 20 index, which tracks the broadest performance of the cryptographic market, has increased approximately 4% in the last 24 hours.
Technical analysis
- Ada exhibited significant volatility during the 24 -hour period, establishing a negotiation range of 8.8% between $ 0.66 and $ 0.72 before falling 3.3%.
- The price action formed a clear higher trend of $ 0.67 to $ 0.72 with a strong volume support at the level of $ 0.68.
- The recent setback of $ 0.72 to $ 0.69 suggests a profit taking after the rally, with the level of 0.70 emerging as a key psychological support zone.
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