The Cardano price is bouncing back after falling in response to the FTX-triggered crash in the crypto market this week. The smart contracts token unceremoniously cracked support at $0.3810, opening the door to overarching declines that saw it plunge to $0.3090. ADA now trades at $0.3410 amid a unanimous push by the bulls to close the day above the critical $0.3810 level. However, its rally may be short-lived given the risk-off market sentiment.... Read More: Cardano Price Forecast as $800 Million Trading Volume Pushes ADA into the Green – Time to Buy?