Wednesday, May 10, 2023

Cardano (ADA) Price Analysis: Risk of More Losses Below $2.20

ADA price started a sharp decline from the $3.00 zone against the US Dollar. The price is now trading below $2.60 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2.68 on the 4-hours chart (data feed via Bitfinex). The price could start another strong decline...The post Cardano (ADA) Price Analysis: Risk of More Losses Below $2.20 appeared first on Live Bitcoin News.
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