The bearish outlook appears also as Cardano’s daily RSI reflects overbought sentiments. However, the euphoria surrounding Cardano’s smart contracts launch and its mild correlation with Bitcoin are keeping the upside hopes intact.

Cardano, ADA, ADAUSD, Cardano Price, Smart Contracts, Rising Wedge, Markets, Market News, Market Update, Altcoin, Altcoin Watch, Ethereum, BitcoinRead More

You might also be interested in reading EU watchdogs scrutinizing OKX over $100M in Bybit laundered funds: Report.