How has Cardano’s price performed lately?

Cardano (ADA) has faced a tough week, with around an 8% price drop over four days. Currently, it’s hovering around $0.88 while struggling against the $0.90 resistance. Each time it tries to push upwards, sellers force it back down. Historically, the $0.90 level has proven a tough barrier, halting bullish moves.

If ADA could break that level, it might signify a change in sentiment, leading to targets of $0.95 and maybe even $1. An ascension past $1 would likely mark a significant confidence shift in the market, potentially starting a long-awaited upward trend.

Unfortunately, sellers seem to dominate now. The Relative Strength Index (RSI) suggests weak momentum, and both the Stochastic and MACD…