ADA Price Underperforms: Can Cardano Catch Up with Other Altcoins?
Cardano (ADA) is struggling to start a fresh increase above the $0.500 resistance zone. ADA must stay above the $0.480 support to start a decent upward move.ADA price is struggling to gain bullish momentum above the $0.50 zone.
The price is trading above $0.480 and the 100-hourly simple moving average.
There is a key bullish trend line forming with support near $0.480 on the hourly chart of the ADA/USD pair (data source from Kraken).
The pair could gain bullish momentum if there is a close above
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