The price of Cardano (ADA) fell below the moving average lines on October 25. The cryptocurrency fell to a low of $0.31 and continued its sideways trend.
The price of Cardano (ADA) has held above $0.30 thanks to a sideways trend after the price drop on August 5. The cryptocurrency is stable above the $0.30 support but below the moving average lines or the $0.40 resistance level.
The price of Cardano (ADA) has been in a sideways trend since the end of the downtrend on August 5. The price indication has already shown a reversal of the downtrend above the $0.30 support.