28-12-2022 02:00 via newsbtc.com

Cardano Price Consolidates, When Should You Short Again?

The Cardano price had increased over the weekend, but the coin showed lateral price movement at press time. Over the last 24 hours, ADA has dipped about 0.2%. The ADA has gained 4% in the last week, indicating a positive trend. According to the technical outlook, the Cardano price has not yet reversed its price action.
The downtrend continues despite the coin securing minor gains over the last few days. The buying strength remained low, which depicted lower accumulation as well. Cardano bounced
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