The post Crypto News Today: Cardano (ADA) Lags in Momentum as MUTM at $0.035 Captures Investor Eyes appeared on BitcoinEthereumNews.com.

Cardano ADA holders for the long term are experiencing losses for the first time in three months, with the MVRV Long/Short Difference ratio being severely impacted in the wake of the current downturn for ADA after shedding earlier gains in the market. Currently, ADA continues to trade at $0.67 despite stalled market action accompanied by an RSI level well below the 50 level, thus pointing to strong bear market domination in the market at the moment.  ADA has fallen back below $0.70 market resistance, stuck in the current neutral cycle and vulnerable to further declines to $0.62 market support, with new funds being directed to the best DeFi players clearly committed to yielding robust growth in the market. Mutuum Finance, currently valued at $0.035 with $18,270,000 and 17,660 holders, has garnered intense spotlight headlines with ADA holders set to seek better growth aspirations than current ADA market hesitation in the market. Cardano RSI Signals Bearish Streak The Cardano Relative Strength Index has firmly fallen below 50 in recent weeks in late October 2025, solidifying bearish dominance that has derailed rallies and held ADA well below $0.667 resistance even in fleeting moments of resumption from $0.623 support levels.  Such periods of extended values below the 50 level on the Relative Strength Index can frequently portend further downturns or sideways action in prices, with the absence of substantial volume to spur new buying passion in the market. ADA holders who experienced the recent 10% decline remain face to face with dilemma choices, with initial speculative selling in new investors expected to dampen any rallies in prices. Mutuum Finance Presale Gains Momentum Mutuum Finance (MUTM) has launched in Phase 6 of presale, boasting 85% of tokens sold out for $0.035. This price is a massive 250% increase from Phase 1 buys at $0.01—but…

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Filed under: News - @ November 1, 2025 8:20 pm