Cardano Price Under Pressure as Low Volume Keeps ADA Tumbling

The Cardano price has been under pressure after breaking below $0.190 and falling to around $0.177, which put the bearish scenario of $0.180 and then $0.170 into play.

With the ADA price at $0.1769 after a 1.90% daily decline, the question is whether this weakness can continue or if Cardano can mount another recovery this week.

The chart and network developments offer three possible paths for the ADA price to go. The first path is that low volume keeps the ADA price under pressure. Trading volume dried up, falling 39% down to $112 million in the last day, which is way under the average seen over the past week.