Cardano : Price Analysis, March 8

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ADA/BTC

Cardano is in a firm bear grip. Yesterday, March 7, the price broke down of the critical support level of 0.00002460. The selling has continued today and prices are sustaining below the support level. This is a bearish sign.




ADA/BTC




Now, there is no major support level on the charts, and a fall to 0.00001690 levels is likely. The first sign of a change in trend will be when the ADA/BTC pair breaks out of the downtrend line. Until then, bears have an upper hand.

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