$ADA 90 A new daily low—did money flow in or out on this move?
The only two things we can be sure of: trading volume rose to 1.8 times the daily average, and the price fell below 0.1657.
Rising volume alongside falling prices usually means sellers have the upper hand. But after a concentrated sell-off, funds often step in to buy at lower levels. The key question is whether the price can stabilize over the next few days as trading volume declines.
How do you interpret this information?
#ADA
The only two things we can be sure of: trading volume rose to 1.8 times the daily average, and the price fell below 0.1657.
Rising volume alongside falling prices usually means sellers have the upper hand. But after a concentrated sell-off, funds often step in to buy at lower levels. The key question is whether the price can stabilize over the next few days as trading volume declines.
How do you interpret this information?
#ADA