Cardano Ada
The Token is quoted at $ 0.5679, 2.78% less in the last 24 hours, after eraseing a previous price rebound, according to the technical analysis model of Coindesk Research.
Despite briefly higher, during the second half of the session, Ada could not retain the impulse up and slid towards its minimum daily until closing.
Throughout the day, the bearish structure persisted, with lower maximums that limit each recovery attempt. Token struggled to recover traction even when the broader cryptographic feeling improved in geopolitical developments. Ada has stayed behind the partners during the recent bounce in the market, maintaining pressure on short -term support.
Investors now observe whether Ada can defend deeper structural levels in the area of $ 0.55 to $ 0.50, since the broader market reacts both to the relief of tensions and the economic data that point to a slower global commercial activity.
TECHNICAL ANALYSIS
- Ada negotiated within a 24 -hour range of $ 0.0175 (3.01%) From $ 0.5928 to $ 0.5753.
- The price action formed a descending channel with lower and lower high ups and downs.
- There was a remarkable sale of high volume sales during the 09:00 hours when Ada reached its minimum intradica.
- Ada briefly recovered from $ 0.5753 to $ 0.5835 during 1:00 p.m., registering the highest time volume of the period of the period of the period (63.5m).
- In the last hour of the analysis window, Ada won 1.04%, increasing from $ 0.577 to $ 0.583.
- The outbreaks greater than $ 0.582 and $ 0.585 During this rally immediate resistance were fulfilled.
- The 13:45 candle saw the largest volume of the hour in units of 3.78 m.
- A small setback followed, with a price that fell from $ 0.585 to $ 0.582 around 13:51.
- Buyers intervened to defend the level of $ 0.581, stabilizing the price action temporarily.
- After the rally stagnated, Ada decreased to the closure, reaching a minimum session of $ 0.5679.
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