Live now: ADA $0.1526 ▼ 2.16% Prices quoted in the story below were true when it was written.
Cardano (ADA) heads for sixth weekly loss, trading near $0.171 with bearish signals
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What happened
Cardano (ADA) is near $0.171 on Friday, down around 4% on the week and more than 30% since early October, trading below its 50-day EMA ($0.203), 100-day EMA (about $0.208) and 200-day EMA (about $0.229). CoinGlass data shows the long-to-short ratio at 0.86, near a one-month low, with funding turning negative on Thursday (-0.0015% on Friday). CryptoQuant reports sell-side dominance across ADA spot and futures, with large whale orders, and daily RSI near 29 and MACD still negative. Levels to watch are support at $0.156 and resistance at $0.183, then the $0.203–$0.229 EMA cluster.
For experienced traders · Written by AI from 1 source · Wrong?
What to do
- Watch whether ADA holds the $0.156 support level, which the article identifies as the next key downside level.
Written by AI from the sources, checked against them
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