The $3 Cardano Prophecy: Why Whales Are Accumulating Millions While ADA Battles to Reclaim All-Time High

Description

Cardano (ADA) is in a tight corner after dropping below the psychological price of $0.75, as lower highs and lower lows increase bearish pressure. In technical analysis, lower highs and lower lows depict a downtrend since buyers are not strong enough to push the price as high as before. Therefore, sellers are usually in control in such a situation because they keep pushing the price down further. This explains why , according to CoinGecko data, Cardano has lost 7.1% of its value in the past week...