Cardano (ADA) Falls: Ethereum’s Decline Pulls Altcoins Down

Cardano price started a fresh decline below the $0.4120 support. Ethereum’s decline seems to be dragging ADA lower toward the $0.380 support.ADA price started a fresh decline from the $0.450 resistance zone.
The price is trading below $0.4120 and the 100-hourly simple moving average.
There is a key bearish trend line forming with resistance at $0.4060 on the hourly chart of the ADA/USD pair (data source from Kraken).
The pair could continue to move down and test the $0.380 support zone.Car