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Cardano whales are selling into weakness: is ADA about to lose $0.173 support?
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Cardano whales are selling into weakness: is ADA about to lose $0.173 support?
Cardano (ADA) trades near an important support zone on Monday after suffering a correction of more than 10% during the previous week. The decline is being reinforced by selling among some of Cardano’s largest holders. Bearish derivatives positioning and weakening momentum indicators also suggest that traders remain cautious. ADA could extend its losses if sellers push the token below the key support area around $0.173. Large Cardano holders redu…
·Road Town, Virgin Islands (British)
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