Cardano/USD price kept falling in latest intraday trading amid ongoing negative pressure due to trading below the 50-day SMA, with negative signals from the Stochastic after reaching overbought levels, and amid the dominance of the main downward trend in the short term.

Therefore we expect more losses for the price as long as the resistance of $0.65587 holds on, targeting the support of $0.59359.

Todays price forecast: Bearish