Cardano (ADA) Falls Below $0.4, Is It Time To Buy? | Bitcoinist.com

Cardano (ADA) is one of the most popular cryptocurrencies in the space with a community so loyal that it is sometimes referred to as a cult. This no doubt led to the immense growth that the digital asset recorded back in the bull market of 2021. However, since then, the digital asset has been unable to maintain its value and has declined by more than 87%. Now, it had fallen below another critical technical level.

Cardano Loses $0.4

For the longest time, the price of Cardano (ADA) had been able to maintain above the $0.4 level. This had put it closer to the important technical levels that would either trigger a bearish or a bullish rally. In the end, the digital asset has skewed towa