Cardano is trading around the $0.64 level.
ADA’s 24-hour trading volume has declined by over 28%.
A red wave persists in the crypto market, where fear dominates. Assets remain unable to get their footing following a series of losses, with no apparent recoveries in sight. Cardano (ADA) has meanwhile slipped by 1%, reflecting uncertainty in the market.
In the early hours, Cardano traded at a peak of $0.6562, and the sudden wake of bears pulled the price back toward the $0.6152 mark. At press time, Cardano traded at $0.6472, with its daily trading volume reaching $804 million. Concurrently, the market has witnessed a $3.01 million ADA liquidation.
Notably, the Ali chart shows that the whales between 1 million and 10 million ADA have sold off about 120 million ADA in the last 48 hours. The sell-off indicates less confidence and puts downward pressure on the price of Cardano.
Could Cardano See More Downside Ahead?
If the potent bearish momentum intensifies, the price of Ca
We współpracy z: https://thenewscrypto.com/when-will-cardano-ada-break-the-1-barrier/
