Cardano Could Drop to $0.18 After Three Consecutive Bearish Closes
- —ADA is down 7.17% on the week and 16.09% on the month
- —RSI near 35 and MACD below zero keep momentum bearish
- —A break of $0.2000 exposes $0.1894 and then $0.1533
- —Recovery needs a reclaim of the $0.2240 EMA50 and $0.2434 EMA200
Why it matters: Losing $0.20 could accelerate ADA selling and confirm the altcoin's downtrend.
Source: The Crypto Basic