Cardano (ADA) Under Pressure: Is a Breakdown or Breakout on the Horizon?

The crypto market chose to trade on the downside today, with the majority of the assets painted in red. The largest assets, Bitcoin and Ethereum, trade at $118.7K and $3.6K. Among the altcoins, Cardano (ADA) has been trapped in the bear hold, dropping by over 2.97% in the last 24