Cardano Price Prediction: Price May Decrease to $0.38 Support Level
Seller’ pressure increases in Cardano market ADA Price Analysis – October 10 More pressure from the sellers may decrease the price to $0.41, $0.38 and $0.34 support levels. When buyers oppose sellers at the support level of $0.41, Cardano may increase to $0.42 which may be broken upside and $0.46 and $0.48 may be reached. ADA/USD Market Key Levels: Resistance levels: $0.42, $0.46, $0.48 Support levels: $0.41, $0.38, $0.34 ADA/USD Long-term Trend: Bearish Cardano is bearish on the daily chart. Last week, buyers tried to push the price higher when the crypto reached the support level of $0.42. Sellers refused to let the coin go. More bearish candles were produced and the price decline further. The support level of $0.41 is tested in which it may be broken downside provided sellers exert more pressure Cardano retains its trading below the two dynamic support levels of 9 periods EMA and 21 periods EMA at close which connote a bearish movement. More pressu...