馃毃 Crypto Alert: Cardano's Rollercoaster Ride! 馃毃
- Cardano (ADA) has nosedived over 20% from its peak this year, now at $0.90, down from $1.326.
- Legendary trader Peter Brandt warns of further decline, citing a head and shoulders pattern, suggesting a potential drop to $0.629.
- Cardano's fundamentals appear weak, with DeFi TVL dropping from $700M to $478M.
- Daily active addresses have plummeted from 210K to 66.5K.
- Futures open interest is also down, indicating reduced demand.
What are your thoughts on Cardano's future? Share below! 馃憞
