Short
Cardano- A drop to 1usd next?
Since the 3usd ATH, the trend for Cardano is clearly down and after finding support at 1.2 zone, the coin tried to recover some of the losses.
However, the rally from that point was anemic and the break above 1.5 was a false one suggesting the coin is extremely weak.
At this moment AdaUsd is back to 1.2 support and a break is very probable now.
I expect the price to drop at 1usd level in only Ada above 1.4 would put a pause in this scenario
However, the rally from that point was anemic and the break above 1.5 was a false one suggesting the coin is extremely weak.
At this moment AdaUsd is back to 1.2 support and a break is very probable now.
I expect the price to drop at 1usd level in only Ada above 1.4 would put a pause in this scenario
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