![Cardano [ADA] bulls secure $0.2415 support but need to overcome this new obstacle](https://ambcrypto.com/wp-content/uploads/2023/01/traxer-bJTGZrHCIVg-unsplash-scaled-e1672823230622.jpg)
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ADA encountered a bearish order block at $0.2654. Although bullish on the 12-hour chart, the bulls may have trouble getting above $0.2671. Since its steep drop last December, Cardano [ADA] has lost about 20% […]