The price of Cardano (ADA) fell below the moving average lines and hit a low of $0.84. The price indication had earlier predicted a fall to a low of $0.48.
The price of Cardano (ADA) has continued to recover from the bottom of the chart after being trapped at the high of $1.20. The cryptocurrency is recovering and is on track to reach its peak price of $3.00.
Cardano (ADA) has resumed its uptrend and broken above the $0.40 resistance level. Cardano has been trading sideways for the past three months, with support at $0.30 and resistance at $0.40.