Cardano Holds above $0.50 Support as Bears Threaten to Short
Submitted by Anonymous (not verified) on Wed, 05/25/2022 - 14:50
The price of Cardano (ADA) is in a sideways trend after the bulls bought the dips on May 12. Last week, the downtrend eased after it fell to the low of $0.40. On May 12, ADA dipped into oversold territory in the market. This attracted buyers who emerged from the oversold area and pushed prices up to previous highs.