Biggest Movers: ADA Hits Multi-Week Low, as Red Wave Hits Crypto Markets – Market Updates Bitcoin News

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Biggest Movers: ADA Hits Multi-Week Low, as Red Wave Hits Crypto Markets – Market Updates Bitcoin News
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ADA moves to multi-week low, following crypto red wave.

Following a high of $12.91 on Wednesday,The move saw the token fall below a long-term support point of $12.30, nearing a six-week low in the process.Overall, cosmos is down by over 10% in the last seven days, which comes as the RSI continued to fall towards a floor at 40.00.

As of writing, the index is tracking at 40.99, which is near its weakest point in the last two months.Register your email here to get weekly price analysis updates sent to your inbox:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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