Cardano is trading around $0.355, just below a significant resistance point. Recent market trends have shown ADA in a downward trajectory, with technical indicators pointing to a bearish sentiment. The On-Balance Volume (OBV), which tracks buying and selling pressure, has been relatively flat after a sharp decline earlier in August. This suggests that buying volume has not yet gained dominance over selling pressure.·
For the full story, head over to TheCurrencyAnalytics.com.
