Cardano (ADA) Eyes Recovery: Key Resistance Holds The Answer

Cardano price started a downside correction below the $1.050 zone. ADA is consolidating and facing hurdles near the $1.020 and $1.040 levels. ADA price started a downward move below the $1.020 support zone. The price is trading below $1.00 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $1.015 on the hourly chart of the ADA/USD pair (data... source: https://www.newsbtc.com/analysis/ada/cardano-ada-eyes-recovery-1-0/