Cardano Price: Sellers Oppose Buyers Again at $0.46 Level

The daily chart of Cardano shows a downward trend. On April 13, the chart displayed a double bottom pattern at the $0.458 support level. The expected first level provided resistance at first, but the price eventually overcome it. There was a bearish candle pattern on the daily chart.

Last week, there were bearish candles, and the $0.46 support level turned into a resistance level. The price is declining in the direction of the $0.42 prior low.

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