📉 Cardano
$ADA is trading near $0.4098, down approximately 3% in the last 24 hours.
The 24-hour price range is between $0.405 and $0.42, with a market cap of around $14.6 billion.
Trading volume in the last 24 hours is about $1.5billion, reflecting solid liquidity amid recent price declines.
The 50-day moving average price is approximately $0.44, and the 200-day moving average is near $0.47, indicating the current price is below key longer-term averages, signaling bearish sentiment.
Market sentiment is cautious with signs of selling pressure amid recent negative price action.
$ADA price forecasts suggest possible stabilization in the near term with potential for moderate recovery, depending on broader market conditions.
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