Cardano has recently experienced a notable drop in its 1-week volatility, reaching its lowest level in six weeks. Typically, a decrease in volatility signals that the market is consolidating, preparing for a significant price movement. This pattern often precedes a strong impulse move, either upward or downward. However, despite the reduced volatility, ADAâs overall trend has been persistently bearish, raising questions about whether the recent price stagnation will lead to a bullish reversal or merely a temporary bounce.·
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