Cardano Retraces above $0.44 Support as Bulls Resume Consolidation

The price of Cardano (ADA) has resumed selling pressure after failing to break above the 50-day line SMA. In the previous price action, Cardano was in a sideways movement between the moving averages. Today, the price of ADA fell to the current support at $0.44. If the bears break it, the price of ADA will fall to the low of $0.35.

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