Why Is Cardano Down Today? Key Factors Affecting ADA Price

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Diminishing user activity and stiff overhead resistance are driving Cardano’s prices lower today with bears focused on pulling ADA price back to $0.50.

Cardano has displayed weakness this week after falling 7.3% over the last 72 hours to trade at $1.035 on Dec. 18. ADA price is also down 4% over the last 24 hours.

What are the factors driving ADA price down today?


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