14-06-2018 07:28 via newsbtc.com

Cardano Price Analysis: ADA/USD Turned Bearish

Key HighlightsADA price declined sharply below the $0.2000 level and moved into a bearish zone against the US Dollar (tethered).
There is a key bearish trend line formed with resistance at $0.1650 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair has to break the $0.1650 and $0.1700 resistance levels to start a substantial recovery.Cardano price is under a lot of bearish pressure against the US Dollar and Bitcoin. ADA/USD must stay above the $0.1500 level to contain losse
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