Watch: the daily chart check
▶ PlayThe daily candle
Cardano closed the October 29 daily candle at $0.1903, down 7.53% on the day, after trading between $0.1869 and $0.2085. What stands out on the daily chart: sharp move, 30-day closing low, RSI oversold.
Moving averages
The close of $0.1903 is 13.6% below the 20-day average ($0.2203).
The close of $0.1903 is 17.0% below the 50-day average ($0.2292).
Momentum: RSI and MACD
The 14-day RSI reads 29.3, below 30, the range usually called oversold. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is -0.009761 against a signal line of -0.006969, so the MACD line is below its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 2.39 times its 20-day average. Volume counts how much traded; a move on heavy volume involved more of the market than one on light volume.
The Bollinger Bands (20 days, 2 standard deviations) run from $0.1900 to $0.2505, and the close is inside the bands.
Over the previous 30 days the highest close was $0.2703 and the lowest $0.2040.
What it costs to hold a position
Anyone holding a ADA perpetual future pays or receives funding every settlement, and the rate differs by exchange. Today's rates across venues are on the ADA funding page.