- Cardano will also be added to CopyFund, another investment portfolio from eToro.
- Cardano price is still trimming the gains, but short-term support is highlighted at $0.155.
Cardano has been added as a tradable asset on the popular social trading platform eToro. Furthermore, the digital asset is going to be added to CopyFund, another investment portfolio from eToro. CopyFund was started in June last year with only a couple of assets; Bitcoin and Ethereum.
eToro allows customers to sign up and emulate the trades of experienced traders. It offers more than just stocks; it deals in CFDs, foreign exchange as well as Bitcoin exchange. Other virtual currencies on eToro include Ethereum, Litecoin, Ripple, Bitcoin Cash as well as Dash.
Looking at the Cardano 15′ timeframe chart, we can observe a consistent downtrend that is currently testing the support at $0.155. ADA/USD has been trading lower highs over the past one week trimming the gains that had it change hands above $0.170. The trading over the past weekend rejected the key support at $0.162, besides the crypto opened trading on Monday with lower corrections.
The price is below the moving averages, while a bearish momentum will continue to prevail in the medium term. The stochastic is in the oversold levels while the gap between the 50 SMA and the 100 SMA is widening to show that the sellers have the influence. The zone at $0.16 (100 SMA) will prevent gains towards the supply zone at $0.162.
ADA/USD 15′ chart 
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