Cardano (ADA/USDT) broke the support level of 0.2452 at 16:58 UTC, now trading at 0.2412. Over the past 24 hours the asset posted a decline of 5.78%, which corresponds to 0.9 times its average daily range (ATR14 = 6.66%). The move did not reach the 2.0 ATR threshold set for a significant breakout.
On the technical side, the 14‑period RSI sits at 55.3, indicating a neutral stance, while the 14‑period ADX is at 27.2, pointing to a moderate trend. The price remains above the EMA 50 (0.2298) and EMA 200 (0.2276), suggesting that despite the drop, the medium‑term trend stays intact. The market regime is classified as VOLATILE.
The 24‑hour quoted volume was $27.0 million, with a high of 0.2561 and a low of 0.2405, confirming that the broken level lies within the recent range. The fear‑greed index stands at 69 (labelled “Greed”) and Bitcoin dominance is at 59 %.