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Cardano news - Ad-Doge BLOG

Social Media Loves Cardano, But The Chart Signals Caution

Despite high optimism among Cardano (ADA) supporters, a look at the weekly chart (ADA/USDT) suggests the exuberance may be premature. While bullish sentiment has grown in tandem with recent regulatory nods, ADA’s price action remains under critical resistance, flashing cautionary signals such as a bearish engulfing pattern. Cardano: Rising Hype Vs. Bearish Technicals On-chain analytics…

Cardano Is Showing Signs Of A Potential Rebound As Key Indicator Flashes A Buy Signal – Analyst

Cardano has faced significant volatility and selling pressure as the broader crypto market struggles to establish strong support levels. Since early December, Cardano has dropped over 61%, with its price action reflecting a persistent downtrend that has shaken investor confidence. Despite several attempts, the price has yet to show clear signs of reversing the bearish…