Cardano (ADA) Oversold With RSI at 36.6: Is a Short-Term Rebound on the Horizon?
Cardano (ADA) slipped 1.38% today, trading at $0.816, below its 20-day moving average ($0.871) and 50-day moving average ($0.86). However, it remains above the 200-day moving average at $0.735, signaling that while sellers dominate in the short and medium term, the longer trend is still supported. ADA's price moving sideways on the daily chart. Source: ADAUSD on Tradingview Daily charts show oversold signals with the Relative Strength Index (RSI) at 36.6, a negative Commodity Channel Index (CCI), and near-zero Stochastic RSI levels. Related Reading: Bitcoin Will Soak Up Trillions From....
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