Acum 2 h
Cardano at $0.37 after bearish monthly MACD; analysts eye $0.23 support
Cardano (ADA) is trading around $0.37 after a bearish monthly MACD crossover and has declined 32% since that signal, with analysts monitoring potential support near $0.23. Momentum remains weak below the 9-week EMA at $0.45 and 21-week EMA at $0.66, while futures open interest has slid to about $660 million from above $1 billion earlier this year.