Amid the April-may downfall in the crypto market, the seventh largest cryptocurrency-Cardano returned to the 2022 bottom support of $0.24. The ADA price has been hovering above this support for nearly a month, trying to gather buyers accumulating at discounted prices. The lower price rejection observed at this support indicates the presence of demand and the possibility of a bullish reversal.
Cardano Price Analysis: Accumulation at Key Support Sets $ADA Price on 22% Upswing
coingape.com
11 July 2023 00:27, UTC