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@ NewsBTC - by layer3.news
2025-05-29 04:49:27
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✍️ Cardano's price has started a fresh decline below the $0.80 zone, but it may aim for a recovery above $0.780.
👉 The price is trading above $0.750 and the 100-hourly simple moving average.
👉 There was a break above a bearish trend line with resistance at $0.750 on the hourly chart of the ADA/USD pair.
👉 The pair could start another increase if it clears the $0.7840 resistance zone.
👉 Immediate support on the downside is near the $0.750 level.
👉 The next major support is near the $0.740 level.
👉 The next major support is near the $0.70 level where the bulls might emerge.
#AayushJindal #technology
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