The post Cardano Price Analysis : ADA Price Poised To Drop Below $0.30 in Coming Days appeared first on Coinpedia Fintech News
Over the past two weeks, Cardano’s price has experienced a significant decline due to bearish sentiment that has taken over the overall cryptocurrency market. During this period, there was a notable decrease in the value of Cardano, with the price dropping by almost 10% from $0.38 to $0.34. However, the coin gained strength and is now trading at the $0.37 level.
Based on the data from IntoTheBlock, there is a prediction that ADA may drop to around $0.30 in the upcoming days. However, it all depends on ADA breaking below the crucial support level at $0.35.
Within that price zone, approximately 127,000 investors who purchased a total of 1.17 billion ADA at an average price of $0.35 are likely to intervene in an attempt to prevent further decline. However, if the bearish scenario unfolds as anticipated, the price of ADA could potentially drop as low as $0.30.
We współpracy z: https://coinpedia.org/altcoin/cardano-price-analysis-ada-price-poised-to-drop-below-0-30-in-coming-days/
