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Cardano fell to a fresh all-time low on Saturday, as prices plunged by over 10% at starte weekenden. The move saw the token drop for a third straight session, as a red wave swept through cryptocurrency markets. Binance coin also moved lower, dropping for a seventh consecutive day.

Indhold

Cardano (DER ER)

Cardano (DER ER) moved to a fresh all-time low to start the weekend, as prices dropped for a third straight session.

Following a high of $0.3011 på fredag, DER ER/USD moved to a low of $0.2603 tidligere på dagens session.

The move saw the token plunge by nearly 13% tidligere på dagen, hitting a new all-time low in the process.

Biggest Movers: ADA Hits Fresh Record Low, BNB Down for Seventh Straight Day
DER ER/USD – Dagligt diagram

Ser på diagrammet, the drop comes as the 10-day (red) moving average crossed its 25-day (blue) counterpart.

This signals a shift in price momentum, and comes as the relative strength index (RSI) fell deeper into oversold territory.

Som i skrivende stund, indekset følger kl 24.13, which is its weakest point since October 21.

Binance Coin (BNB)

Binance coin (BNB) was another notable token to fall today, with prices dropping for a seventh straight session.

Recent declines have come as financial firm Mazars halted its audit of Binance’s reserves.

As a result of this, BNB/USD fell to a low of $221.00, which comes a day after hitting a high of $264.25.

Biggest Movers: ADA Hits Fresh Record Low, BNB Down for Seventh Straight Day
BNB/USD – Dagligt diagram

Overall, the token is now down by nearly 20% in the last week, and is down 10.88% i skrivende stund.

Similar to cardano, the RSI on BNB is currently trading near the 24.00 mærke, which is deep in oversold territory.

BNB is currently trading at its lowest point since July 13.

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Tags i denne historie

What other factors are behind today’s decline in crypto prices? Fortæl os dine tanker i kommentarerne.

Elijah Dambell

Eliman bringer et eklektisk synspunkt til markedsanalyse, he was previously a brokerage director and retail trading educator. I øjeblikket, han fungerer som kommentator på tværs af forskellige aktivklasser, inklusive Crypto, Aktier og valuta.




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