Cardano Price Analysis: Can ADA Crash Below $0.7 This Week?

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Cardano’s price has experienced a massive drop recently following the Ethereum crash. However, things are still looking more positive for ADA, compared to ETH. By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, the cryptocurrency has been consolidating between $1.2 and $0.8 over the past few months, forming a large descending channel pattern. However, it broke down to the downside during the crypto market crash led by Ethereum, and ADA’s price briefly traded below its 200-day m...