ADA Prize Death Cross threatens after the SEC described it as a security

Der Preis von Cardano (ADA) zeigte am Wochenende ein „Todeskreuz“ – ein rückläufiger technischer Indikator, der auf eine Abwärtsdynamik des Preises und einen möglichen bevorstehenden Abschwung hinweist. Dies geschah zwei Wochen, nachdem die US-Börsenaufsicht SEC Coinbase verklagt und dabei ADA als Wertpapier genannt hatte. Das Todeskreuz entsteht, wenn der einfache gleitende 50-Tage-Durchschnitt eines Vermögenswerts seinen gleitenden 200-Tage-Durchschnitt unterschreitet. Entsprechend TradingViewzeigen fast alle gleitenden Durchschnittsindikatoren von Cardano ein „Verkauf“-Signal. Das letzte Mal, dass der Vermögenswert insbesondere ein Todeskreuz aufblitzte, war im Dezember 2021 – dem Beginn eines einjährigen Abwärtstrends sowohl für Cardano als auch für die gesamte Kryptowährung. Später ließ der …
The Cardano (ADA) price showed a “death cross” at the weekend - a declining technical indicator that indicates a downward dynamics of the price and a possible upcoming downturn. This was done two weeks after the US stock exchange supervision sued SEC Coinbase and called Ada as a securities. The Cross of Death arises when the simple sliding 50-day average of a financial value falls below its sliding 200-day average. According to TradingView, almost all moving average indicators of Cardano a "sale" signal. The last time that the asset flashed in particular, was in December 2021 - the beginning of a one -year downward trend for both Cardano and for the entire cryptocurrency. Later the ... (Symbolbild/KNAT)

ADA Prize Death Cross threatens after the SEC described it as a security

The price of Cardano (ada) showed a "death cross" at the weekend-a declining technical indicator that indicates a downward dynamics of the price and a possible upcoming downturn.

This happened two weeks after the US stock exchange supervision suconal coinbase had sued and called Ada as securities.

  • The Cross of death arises when the simple sliding 50-day average of a financial value falls below its sliding 200-day average.
  • according to tradingview show almost all moving average indicators of cardano a "sale" signal. The last time that the asset flashed in particular, was in December 2021 - the beginning of a one -year downward trend for both Cardano and for the entire cryptocurrency.
  • Later the asset in March had its counterpart-a "golden cross"-as the collapse of numerous banks triggered a capital stream in Bitcoin and other digital assets.
  • Although the Cross of Cross is considered unreliable, it occurs at the time when the SEC complains against two of the world's largest crypto exchanges, bony and coin base.
  • In the latter lawsuit, ada was called a dozen of other crypto-assets, most of which after submitting the Have suffered particularly well. Since then, ADA has fallen by about 30 % and is traded for $ 0.25 each.
  • The continued pressure against old coins has increased Bitcoin's dominance this month, which has recaptured 50 % for the first time in 2021 on Monday. Bitcoin billionaire Michael Saylor did this predicted that the regulatory approach against competing coins could increase the dominance of the assets in the long term to over 80 %.

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