16-11-2018 09:28 via newsbtc.com

Cardano Price Analysis: ADA/USD Could Resume Losses Below $0.062

Key HighlightsADA price fell sharply and traded below the $0.0700 and $0.065 supports against the US Dollar (tethered).
There is a key bearish trend line formed with resistance at $0.0640 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair is likely to decline once again if sellers push the price below the $0.0620 support.Cardano price tumbled recently against the US Dollar and Bitcoin. ADA/USD is currently recovering, but upsides are capped near $0.0640 and $0.0675.
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