
Cardano Faces Resistance at 20-Day MA, Struggles to Sustain Upward Momentum
Cardano (ADA) has faced significant challenges in surpassing the key resistance at the 20-day moving average (MA), even though Bitcoin has experienced a recent rebound. After a recovery from the $2 support level (the 0.618 Fibonacci retracement), ADA briefly surged above the 20-day MA, reaching up to $2.36, which corresponds…