Is it time to short $ADA ? Analysts are eyeing a potential 33% drop!
Cardano (ADA) is struggling below $0.35, with experts predicting a fall to $0.2197. After a brief bounce to $0.3484, ADA’s gains are fading.
Lingrid sees ADA trapped in a $0.30 to $0.34 range, with bearish signals and consolidation suggesting further declines. FinancialFreedomGoals concurs, noting ADA's recent breakout from a rising wedge and increased negative sentiment from the MACD crossover.
Is ADA set for a major dip? Watch this space for potential shorting opportunities!
