Most coins have failed to return to the upward round, according to Coinmarketca.
Ada/USD
Cardano (ADA) is one of the largest losers today, as it decreased by 8.86 %.
On the hourly graph, the ADA price broke the local support of $ 0.6355. If the daily tape approaches away, traders may witness a continuous decrease to the $ 0.61 sign by tomorrow.
A similar image can be seen in the daily time frame. If the candle is closed less than $ 0.6263, the accumulated energy may be sufficient for an additional decrease to $ 0.60.
Related
Such a scenario is suitable until the end of the week.
From the mid -time point of view, there are also no reflection signals yet. If the weekly tape is closed around the current or less prices, there is an opportunity to see a $ 0.55 test.
ADA is trading at $ 0.6284 at the time of the press.
