Analysis

Cardano price analysis: Bearish spell devalues ADA to $0.469

Cardano price analysis: Bearish spell devalues ADA to $0.469

The Cardano price analysis reveals the cryptocurrency is continuing the downslide again after a single day of recovery. Cardano was covering a range downward since 11 September 2022 but got support at $0.462 yesterday, and the price recovered a bit. The recovery process lasted only for one day, and selling pressure has appeared again as the price is decreasing today. Bears have brought the price down to $0.469, and the cryptocurrency price may go further down, and it may retest the $0.460 level.

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