Cardano Price Struggles to Break Free Amid CPI Report Uncertainty
Cardano's price has been stuck in a tight range over the past week, unable to break above $0.2310 or below $0.2132.
The cryptocurrency is currently trading at around $0.2195, with support from the 20-day EMA at $0.2096 and resistance from the 200-day EMA at $0.2423.
With this week's CPI and PPI reports on the horizon, investors are waiting to see if Cardano will finally break free from its narrow range.