Cardano’s ADA is currently trading at $0.82, reflecting a decrease of 0.97% over the past 24 hours. The cryptocurrency is positioned just above the critical psychological support level of $0.75, which is significant for traders and investors alike. At the same time, ADA is encountering resistance from the 20-day moving average, which stands at $0.83. This situation highlights the ongoing struggle for ADA as it attempts to maintain its position in the market while navigating these key technical indicators. The interaction between the support level and the moving average could play a crucial role in determining the future price movements of Cardano.
