Here’s Why Cardano Price Is at Risk of 18% Fall Ahead

ADA, the native cryptocurrency of the Cardano ecosystem recently reverted from the $0.68 level amid the broader market correction. This lower high formation in the daily chart indicates the traders are selling on a bullish bounce which tumbled the ADA value 17.8% within a fortnight. Moreover, the declining price now challenges the key support of the H&S pattern and long-coming support together, indicating a pivotal moment for the Cardano price.