ADA Price Is Showing Early Signs of Fresh Drop, But 100 SMA Is The Key
Cardano’s price started a fresh decline below $0.264. ADA is struggling and might accelerate lower if there is a close below the $0.250 support. ADA price is gaining bearish momentum below the $0.265 level against the US dollar. The price is trading above $0.250 and the 100 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.258 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair must stay above the $0.250 support to start a fresh increase in the near term. Cardano Price Trims Gains In the past few days, Cardano’s....
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