ADA Risks Dumping to $0.55 After Losing $1 Support: Cardano Price Analysis

Description

Cardano has been moving similarly to Bitcoin over the last few months and is currently consolidating around the $1 mark. Yet, if BTC corrects in the coming weeks, ADA will likely perform even worse. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the USDT paired chart, the asset has been consolidating around the $1 mark after getting rejected by the $1.3 resistance level earlier. At the moment, the price is once again dropping toward the $0.75 support level and could break it to the do...