ADA was in a strong bearish market structure. The coin could drop to $0.2963, as trading volume and active addresses declined. A candlestick close above $0.3026 will invalidate the above forecast. Cardano [ADA] was in an extended price pullback that threatened to slip lower. At press time, it was trading at $0.2992 but still looked
![Cardano [ADA] market weakens, but investors can still profit at this level](https://images.cryptocompare.com/news/default/ambcrypto.png "Cardano [ADA] market weakens, but investors can still profit at this level")
