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Cardano (ADA) drops 1.56%, nears oversold territory with RSI at 30.6

Technical Signals
03 Nov 2026, 09:49 WIB
Tokenpost
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Bearish
Cardano (ADA) drops 1.56%, nears oversold territory with RSI at 30.6

Cardano (ADA) traded at $0.1872, down 1.56% over the past 24 hours, with its 14-day RSI reaching 30.6, close to the oversold threshold of 30. The price closed below key moving averages and a significant retracement level of $0.1941, signaling potential continued weakness. This technical setup suggests caution for investors as ADA approaches oversold conditions, which could lead to a rebound or further decline depending on market sentiment.

Cardano trades at Rp3.400 on Pluang, down 1.51% as of Nov 03, 2026 15:01 WIB, closely matching the article's noted decline. The platform shows a market cap of Rp125,17 trillion and a 24-hour trading volume of Rp3,62 trillion, with 82% of order activity on Pluang being buys. This active buying interest contrasts with the technical caution highlighted in the news as ADA nears oversold levels.

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