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Live Bitcoin News 2023-05-16 06:48:08

Cardano (ADA) Price Analysis: Risk of Bearish Thrust Below $0.35

ADA price is gaining bearish momentum below the $0.388 support zone against the US Dollar. The price is now trading below $0.380 and the 55 simple moving average (4 hours). There is a short-term rising channel forming with resistance near $0.376 on the 4-hour chart (data feed via Coinbase). The price could continue to move ... The post Cardano (ADA) Price Analysis: Risk of Bearish Thrust Below $0.35 appeared first on Live Bitcoin News .

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