September 29, 2022

Bears take advantage of Cardano price


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The value of the native crypto token of the blockchain network Cardano (ADA) has come under pressure from the bearish advantage that has gripped the global digital currency market in recent days. Reaching the price bottom on the night of June 13-14, 2022 at $0.4385 was replaced on the next day by active bullish resistance to the current negative trend. Buyers were able to briefly bring the price of ADA back to $0.5105.

The market saw a deeper weakness on June 15, which offset Cardano’s daily gains. As of 13:30 Moscow time on June 15, 2022, the coin rate is trading at $0.4564. Over the past 24 hours, the decline was 9%, and at the end of the week, the monetary value of the asset decreased by 27%.

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