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Cardano's ADA Trades Below $0.22 as Rebound Triggers Remain Unmet

Cardano's ADA Trades Below $0.22 as Rebound Triggers Remain Unmet

Photo: TokenPost

Cardano (ADA) traded below $0.22 Tuesday morning, leaving it short of the initial levels in two recovery scenarios published Monday as its 24-hour price change remained negative. At 8:39 a.m. ET (12:39 UTC) on Oct. 20, ADA was $0.2168689, down 1.13% over 24 hours. Its range during that period was $0.2147032 to $0.2201467. One short-term setup called for a move above $0.2238 and volume above $258.04 million before higher levels of $0.2265 and $0.2335 came into view. It treated a move below $0.2199 as invalidating its bullish case.

Source: TokenPost

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