Biggest Movers: ADA Hits Fresh Record Low, BNB Down for Seventh Straight Day

Biggest Movers: ADA Hits Fresh Record Low, BNB Down for Seventh Straight Day

Cardano fell to a fresh all-time low on Saturday, as prices plunged by over 10% to start the weekend. 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.
Cardano (ADA)
Cardano (ADA) 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 on Friday, ADA/USD moved to a low of $0.2603 earlier in today’s session.
The move saw the token plunge by nearly 13% earlier in the day, hitting a new all-time low in the process.
Looking at the chart, 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.
As of writing, the index is tracking at 24.13, which is its weakest point since October 21.
Binance Coin (BNB)
Binance coin (BNB) was another no

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