Crypto
Cardano ADA Slides Below Pivot Point Amid Bearish Technical Signals
Cardano (ADA) is currently trading at Rp3,410 with a market capitalization of Rp125.8 trillion, showing bearish technical signals according to moving averages that indicate selling pressure.
Oscillators remain neutral, but the asset trades below its pivot point of Rp3,523 with key support at Rp3,357 and resistance at Rp3,629.
With 82% of the maximum supply in circulation and an average hold time of 126 days, Cardano shows stable distribution patterns, according to Pluang's analysis.