Cardano (ADA) is trading in the red, currently below $0.82 at the time of writing on Wednesday, following a nearly 6% correction on the previous day.
Cardano (ADA) trades above $0.8000 at the time of writing on Wednesday, facing opposition from the 100-day Exponential Moving Average (EMA). The altcoin remains steady as a result of its partnership with Google Cloud, which aims to enhance a privacy-first and zero-knowledge digital system.
Cardano (ADA) struggles to surpass $0.90 at press time on Thursday following a positive week so far. The derivatives market data suggests increasing interest in Cardano as large wallet investors, also known as whales, extend their buying streak.