BOSS Wallet data source, Cardano ADA today's market news, latest price of ADA: $1.1873, 24-hour increase of 11.84%, trading volume $4.959 billion
According to the candlestick chart analysis, it is currently in a consolidation trend. Compared to 12:00, there has been a significant increase, a recovery compared to 08:00, and a decline compared to 05:00. Trading volume has decreased while the price has risen. According to the Williams indicator, it is currently neither overbought nor oversold.
Recently, trading volume has decreased, with volume lower than in the previous few hours and price rising, indicating weakening upward momentum.
Market momentum is weakening, and the downtrend is evident; it is recommended to continue to observe and wait for market stabilization.
The above content is for reference only and does not constitute investment advice.