Cardano The stock market dropped to its lowest level in several weeks March 2, as digital currencies were mostly down in today’s session. Global market cap has largely declined ThursdayAt the time of writing, the price has decreased by 1.71%. Cosmos Values also went down to a key floor, pushing the asset into negative territory.
Cardano (ADA)
Cardano The (ADA) dropped to its lowest level in a few weeks ThursdayAs prices hit the key support point,
ADA/USD dropped to an intraday low of $0.3501 in today’s session, after a high of $0.3637 on Wednesday.
As Cardano traded at $0.3500 over its floor as a result. This is the lowest point it has been since 2009. February 13.
Looking The chart shows that one of the factors driving the move was a downward crossing between the 10-day (red) and 25-day moving averages.
In Moreover, the relative strength indicator (RSI), also failed to rise above a ceiling of 45.00.
At The RSI currently tracks at 41.68 at the time this article was written and is anticipated to reach a floor of 40.00 at the next update.
Cosmos (ATOM)
AlsoCosmos (ATOM), too, went back into the red as prices dropped to a recent floor.
After A high of $12.91 Wednesday, ATOM/USD dropped to a low of $12.26 earlier in today’s session.
The The token fell below the long-term support level of $12.30 in a move that saw it approach a six week low.
