Cardano dips below $0.19 as bearish derivatives data signals further losses

Key takeaways Cardano (ADA) trades around $0.188 on Tuesday after breaking below a key support zone, extending its recent decline. ADA funding rates have turned positive, suggesting some traders are still positioning for a potential recovery. ADA faces resistance between $0.215 and $0.218, while a prolonged decline could expose the $0.155 support level. Cardano (ADA) […] The post Cardano dips below $0.19 as bearish derivatives data signals further losses appeared first on CoinJournal.