The price of Cardano has been slowly correcting after a strong rally in November. However, there are several support levels in place that could push the price higher in the coming weeks. On the USDT-paired chart, the price is currently dropping towards the lower boundary of a falling wedge pattern and the $0.8 support zone, which could result in a bullish rebound. Even if these levels are broken, the 200-day moving average at $0.6 is likely to prevent further drops in the short term. On the ADA/BTC chart, the price has been consolidating between 1,300 SAT and 900 SAT levels. It is currently testing the 900 SAT support zone and is expected to break it with bearish momentum. This could lead to a deeper decline towards the 200-day moving average at 750 SAT in the upcoming weeks.



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