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Altcoins & DeFi

Cardano (ADA) Price: ADA Slips Below Major Support as Bears Target $0.14

Image: CoinCentral

TLDR ADA trades near $0.1785, up 0.68% on Tuesday, after a 30% drop from October highs. Price broke its rising trendline and the $0.1898 support level. RSI is 33.77 and MACD is negative, with the histogram at -0.00067. Support sits at $0.175 to $0.18, and resistance at $0.20 to $0.205. CIP-113 tokens are live, and DEX volume rose 17.55% in seven days. Cardano (ADA) was trading near $0.1785 on Tuesday, November 10, up 0.68% on the day. The token is trying to steady after a long slide. ADA has lost more than 30% since its October highs near $0.27. The drop pushed it below a rising trendline and the $0.1898 support level. The Relative Strength Index (RSI) reads 33.77, below the neutral 50 mark and close to oversold.

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