price of ada cardano
There is a declining channel forming with current resistance at $0.3950 on the hourly chart of ADA/USD (data feed via Bittrex). The pair is likely to decline further and it could even break the $0.3500 support area in the near term. Cardano price is trading in a bearish zone against the US Dollar and Bitcoin. ADA/USD may extend the current decline below the $0.3500 support area. Cardano Price Decline. There was a nasty downtrend initiated in ADA price from well above the $0.6000 level against the US Dollar. The price faced a lot of sellers and it recently moved below the $0.5000 and $0.4000 support levels.