Cardano Price Analysis: ADA/USD Approaching Support
Cardano Price Analysis: ADA/USD Approaching Support
Key Highlights
ADA price traded above the $0.2200 resistance level before correcting lower against the US Dollar (tethered).
There was a break below a connecting bullish trend line with support at $0.2300 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair is currently approaching a major support area near the $0.2180 and $0.2150 levels.
Cardano price is correcting lower…
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