ADA - bearish scenario
Cardano has lost now more than 70% measured from its ATH. If the downward trend continues, the price could potentially hit the 0.4 - 0.6 US Dollar price region. Before, this was a key resistance to overcome. A move to this region would align with the typical 80-95% loss that Altcoins can experience from the bull market top. RSI is quite low, but on the weekly still with potential to fall.
Good luck with your trades! Do not consider this as financial advice.
Good luck with your trades! Do not consider this as financial advice.
Penafian
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