Jun 18, 2018
Cardano Price Analysis: ADA/USD Is In Downtrend
Cardano Price Analysis: ADA/USD Is In Downtrend
Key Highlights
ADA price started a fresh downside move from the $0.1750 swing high against the US Dollar (tethered).
There is a crucial bearish trend line forming with resistance at $0.1600 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
The pair may perhaps continue to move down towards the $0.1550 and $0.1505 support levels.
Cardano price failed to move higher and declined…
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