ADA Price (Cardano) Could Narrowly Avoid a Major Drop If It Closes Above $0.4
Cardano’s price started a fresh decline from the $0.415 resistance. ADA could decline further if there is a clear move below the $0.38 support.ADA price is struggling to gain pace above $0.40 and $0.415 against the US dollar.
The price is trading below $0.400 and the 100 simple moving average (4 hours).
There is a major bearish trend line forming with resistance near $0.398 on the 4-hour chart of the ADA/USD pair (data source from Kraken).
The pair could start a decent increase if it clear
Read more »