Cardano (ADA) Struggles: Can Bulls Prevent Further Losses?

Cardano price started a fresh decline from the $0.3850 resistance. ADA is consolidating above $0.3350 and might attempt a recovery wave. ADA price started a downward move below the $0.3550 support level. The price is trading below $0.350 and the 100-hourly simple moving average. There is a short-term bearish trend line forming with resistance at $0.3480 on the hourly chart of the ADA/USD pair... source: https://www.newsbtc.com/analysis/ada/cardano-ada-struggles-0-420/