- Cardano price lost early momentum and stayed near the lower end of its range.
- ADA price action remained soft as bears limited upside.
- RSI and MACD pointed to consolidation, with no clear breakout.
In the last 24 hours, Cardano’s price has been actively trading along a stable direction. While the weekly trend shows a series of highs and lows, the current price structure seems to lean more on the bears’ side as bullish momentum has been limited. This price trend comes at a moment when the crypto market has heated up again after Charles Hoskinson ignored claims that his own personality affects Cardano adoption this week with an XRP supporter.
Cardano Price Stalls as Recovery Attempts Fade
According to CoinMarketCap data at the time of writing, Cardano traded near $0.250 after showing an uneven intraday path on the chart. Cardano price opened with an upward move and then extended gains toward the upper part of the range. The advance continued in stages and produced several short burs...
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