Cardano Price Analysis: ADA/USD Struggling Near Key Support

Key Highlights ADA price failed to move above the $0.1700 level and declined sharply against the US Dollar (tethered). There is a major contracting triangle in place with support near $0.1560 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is at a risk of more losses below the $0.1560 and $0.1540 levels in the near term.

Cardano price is struggling to hold important supports against the US Dollar and Bitcoin. ADA/USD must stay above $0.1560 to recover above...

What feeling does this article give you?

#hashtags to follow:

Key Highlights ADA [+]    Dollar [+]    ADA [+]    USD [+]    Bittrex [+]    Cardano [+]    Dollar and Bitcoin [+]   

More #news: