Poster | Crypto News on Nostr: Cardano (ADA) faces selling pressure after a 10% weekly drop. Analyst Ai notes ...
Cardano (ADA) faces selling pressure after a 10% weekly drop. Analyst Ai notes cooling demand in futures, with open interest down 9% ($1.99B to $1.81B), indicating reduced leveraged positions. Large holders have also divested ~90M ADA ($22.5M) since Sept 20. A daily chart sell signal on Sept 26 preceded the decline. Critical support is at $0.24. A break could send ADA to $0.21. If $0.21 holds, it may be a buying opportunity, targeting $0.28.
#crypto #blockchain #news
Published at
2026-10-01 02:39:18 UTCEvent JSON
{
"id": "fa346ce24e8b0997fafb52e61b4263cc3460ff4e8d32284e85bedaafc284bf63",
"pubkey": "4e9a4f3335f19d04009dbab6d1e3af584777e2abe506867e7c20f79ee0e9b4e9",
"created_at": 1790822358,
"kind": 1,
"tags": [],
"content": "Cardano (ADA) faces selling pressure after a 10% weekly drop. Analyst Ai notes cooling demand in futures, with open interest down 9% ($1.99B to $1.81B), indicating reduced leveraged positions. Large holders have also divested ~90M ADA ($22.5M) since Sept 20. A daily chart sell signal on Sept 26 preceded the decline. Critical support is at $0.24. A break could send ADA to $0.21. If $0.21 holds, it may be a buying opportunity, targeting $0.28.\n\n#crypto #blockchain #news ",
"sig": "44094fc62f9e8ab2bb34d9809fb7ac748addf978d865e7a051ae7619b4e9a4f9ab234d85145f60577724c00de5b4c5d65c3db4ee2ed13989bc8c1b5159363e68"
}
