🚨 Cardano (ADA) Price Update
Cardano (ADA) is trying to move above its uptrend line, but bears might sell near the moving averages.
The 20-day EMA ($0.70) and RSI below neutral show that the bears are in control.
If the price falls below $0.60, ADA could drop to $0.55 and even $0.48.
For a price increase, buyers need to push ADA above the 50-day SMA ($0.74).
If they do, ADA could rise to $0.88, but there may be resistance there.
Stay tuned for updates!
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