Cardano (ADA) Falls Below $0.22 With 100-Day EMA in Focus
Photo: TokenPost
Cardano (ADA) fell below $0.22 Thursday near its 100-day exponential moving average, remaining under its 50-day and 200-day averages while bringing the $0.21 support area into focus. An attempt to move above the 50-day EMA did not hold. Chart levels put nearby support around $0.21; a move toward $0.17 would depend on selling continuing through that level. A sustained move above $0.228 to $0.230 would mark an initial recovery signal. An earlier Cardano price update recorded ADA at $0.21506 at 10:56 a.m. ET (14:56 UTC) on Oct. 22.
Source: TokenPost
