Cardano is in a Tight Range as It Poises to Break $0.44 Support

The price of Cardano (ADA) is in a downward correction, but consolidating in a narrow range between $0.44 and $0.55 price levels. The upward movement was limited by the 21-day line SMA. On June 26, the cryptocurrency was bumped off the 21-day line SMA as the altcoin resumed its downward movement.