🔴 $ADA · 1H
Price is $0.2250 and $ADA remains below the averages that capped it earlier. $0.2159 on the low side and $0.2387 on the high side have contained the last three days. That puts price in the middle of the range. That is 6.1% to the ceiling and 4.0% to the floor. The 20 has stayed below the 50 for a long stretch now. RSI at 44 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.2213 and $0.2336, sitting around the middle of it now. Participation is light at about 0.5x average volume. Down 2.5% over 24 hours.
DYOR
$ADA #TechnicalAnalysis
Price is $0.2250 and $ADA remains below the averages that capped it earlier. $0.2159 on the low side and $0.2387 on the high side have contained the last three days. That puts price in the middle of the range. That is 6.1% to the ceiling and 4.0% to the floor. The 20 has stayed below the 50 for a long stretch now. RSI at 44 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.2213 and $0.2336, sitting around the middle of it now. Participation is light at about 0.5x average volume. Down 2.5% over 24 hours.
DYOR
$ADA #TechnicalAnalysis