Diminishing user activity and stiff upward resistance are driving Cardano’s prices lower today with bears focused on pulling ADA price down toward $0.51.
Cardano's (ADA) price continued its downtrend on March 31, down 4.5% over the last 24 hours to trade at $0.6529.
The altcoin is down 10% over the last seven days and 45% from the March 2 high of $1.19.
ADA/USD daily chart. Source: Cointelegraph/TradingView
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