$ADA

Cardano drops below $1.. Opportunity zone revisited after 4 months

Cardano (ADA) drops 7%, with MVRV entering the opportunity zone (-13% to -26%), indicating a possible recovery.

Limited profit-taking activity indicates low volatility, providing a stable basis for ADA to rise towards the $1.00 mark.

Staying above $0.87 is crucial for bullish sentiment; a drop below could push ADA to $0.77, indicating a bearish reversal.

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