In the cryptocurrency world, there is never a lack of any real momentum whatsoever. While the current trend might not necessarily please every trader, speculator, and enthusiast, it is the hand people are dealt regardless. The Cardano price, while expected to turn very bullish, has seemingly gone the other way in quick succession. It seems a bit odd to see the market head south, although it remains to be seen how long that situation remains in place.

Cardano Price Doesn’t Follow Recent Developments

In the cryptocurrency world, there are many different market trends to keep an eye on at all times. When Bitcoin dips ever so slightly in the red, some altcoins will follow in very quick succession. Cardano is one of the few markets which has successfully bucked the Bitcoin trend for some time now, yet it appears today will not necessarily be too successful in that regard. Even so, its current deficits are not problematic to overcome either.

To put this in perspective, the Cardano price has lost 4.7% to drop below $0.8 for the…

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Source: https://themerkle.com/cardano-price-hits-a-roadblock-as-value-drops-below-0-08/