Cardano (ADA) has experienced a notable decline of 10% today, primarily facing bearish market conditions. Key support is at 0.90 USD, while 0.73 USD represents the next support level. Resistances are identified at 1.00 USD and 1.30 USD.
Current indicators reflect downward momentum, characterized by lower highs in price, volume, and RSI. A bearish cross is also indicated on the weekly MACD, signifying the possibility of continued downward pressure if support levels do not hold.
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