With Cardano [ADA] breaching $0.4565, bears could eye this level next

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Cardano’s [ADA] recent drop from the $0.63-level shaped into a down-channel retracement in the daily timeframe. The 50 EMA (cyan) joined hands with the horizontal resistance to propel this downfall. The broader trajectory would […]