Overview
- ADA traded near $0.64 after a 24-hour slide of roughly 20–21%, with intraday lows reported around $0.61–$0.64.
- Wallets holding 10–100 million ADA added about 140 million coins since Oct. 10, according to Santiment, while the Money Flow Index formed a higher low.
- Technical structure turned bearish with price below key EMAs, no bullish RSI divergence, and a weak Smart Money Index reading.
- Derivatives metrics flagged pressure with negative funding rates and CryptoQuant data showing seller dominance across spot and futures.
- Analysts highlighted a filled imbalance near $0.6671 as support, with resistance around $0.68–$0.76 and downside risk toward $0.60–$0.55 if selling resumes.