Cardano (ADA) stands out as one of the crypto assets that closely follows Bitcoin's price action. 📉

- ADA broke through the 200-day moving average in early November with an aggressive rise in the USDT pair. However, the $1.2 resistance was rejected several times and the price was pulled back to the $0.75 support area. If this level is maintained, it may be a matter of time before ADA rises above $1.2.

- On the ADA/BTC chart, Cardano has outperformed Bitcoin in the recent rally but is losing value on a general scale. The 1,000 SAT support is about to be broken and a drop towards the 200-day moving average, i.e. the 700 SAT level, is expected.

Blockchain technology and cryptocurrencies continue to be promising in the long term. 🚀