ADA Trades Below All Major Moving Averages — Here Is Why Bears Still Control the Cardano Chart

"Cardano's native cryptocurrency, ADA, is currently trading below all of the major moving averages, indicating a bearish sentiment in the market. This situation raises concerns among investors and analysts, as it highlights the control that bearish traders have over the Cardano chart. In this analysis, we will explore the factors contributing to this downward trend, including market dynamics, investor sentiment, and technical indicators that suggest why bears remain in control and what it could mean for ADA's future price movements." source: https://blocknews.com/ada-trades-below-all-major-moving-averages-here-is-why-bears-still-control-the-cardano-chart/