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CoinGape
2022-04-16 18:07:49

Cardano Price Analysis: ADA Price Lost $1 Support; Back To Square One?

Cardano Price Analysis: ADA Price Lost $1 Support; Back To Square One?

The V-top rejection from the $1.2 resistance plunged the Cardano(ADA) price below the $1 crucial support and 50-day SMA. The sellers continue to pressure the altcoin leading to the March bottom support at $0.78. However, a possible reversal from this support could initiate a range-bound rally in ADA. Key points: The ADA price lost 22.5% The post Cardano Price Analysis: ADA Price Lost $1 Support; Back To Square One? appeared first on CoinGape.

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