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Wednesday

28 July 2021

Cardano (ADA) Price Analysis: Recovery Could be Capped Near $1.40 | Live Bitcoin News

Cardano (ADA) Price Analysis: Recovery Could be Capped Near $1.40 | Live Bitcoin News


smart summary beta

Cardano price is trading in a bearish zone below $1.40 against the US Dollar, similar to bitcoin.

However, the price is still trading well below $1.45 and the 55 simple moving average (4-hours).

The next major resistance is near the $1.38 level.

The chart indicates that ADA price is clearly trading well below $1.40 and the 55 simple moving average (4-hours).

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sentiment (0.3) Positive

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