Cardano (ADA) Price May Bounce Up at $0.44 Level
Cardano's daily chart indicates a declining trend. At the $0.458 support level on April 13, the chart showed a double bottom pattern. The price initially faced resistance from the anticipated first level, but it eventually overcame it. On the daily chart, there was a bearish candle pattern. Bearish candles occurred last week, and the $0.46 support level became a resistance level.
The price is falling in the direction of the previous low, which was $0.44.Right now, bears are in control of the Cardano market.
