Cardano could dip to $0.156 as ADA faces sixth consecutive weekly loss
Key takeaways Cardano (ADA) trades around $0.171 on Friday, extending its weekly losses toward 4%. ADA has lost more than 30% since early October, reflecting sustained selling pressure and weakening investor confidence.
ADA faces immediate support at $0.156, while resistance stands at $0.183 and the $ 0.203–$ 0.229 EMA cluster.
Cardano (ADA) continued its decline on Friday, trading around $0.171 as weakening derivatives activity and bearish on-chain signals reinforced concerns about further losses.
