The price plunged significantly

Cardano failed to hold its previous support level, leading to a significant price drop. Now approaching the support area around $0.35, which could be crucial for future price movements.

6/21/20241 min read

Cardano price chart showing a failed support level retest and a significant drop, with the current p
Cardano price chart showing a failed support level retest and a significant drop, with the current p

Cardano tried to hold the support level but failed, resulting in a close below it. After a retest, the price plunged significantly. Currently, the price is near the support area around $0.35, which could be the next key area to watch.