Prominent crypto analyst Ali Martinez is drawing parallels to Cardano’s (ADA) current market structure with the 81% downturn earlier for one simple reason. The Prominent crypto analyst Ali Martinez is drawing parallels to Cardano’s (ADA) current market structure with the 81% downturn earlier for one simple reason. The

Cardano Alarm: Last Time This Happened, ADA Plunged 81%

Prominent crypto analyst Ali Martinez is drawing parallels to Cardano’s (ADA) current market structure with the 81% downturn earlier for one simple reason. The Moving Average Convergence Divergence (MACD) trend-line has just crossed over to the bearish zone. https://twitter.com/alicharts/status/2002847040896983508 Last time that occurred, Cardano’s (ADA) price slumped by 81%, while the current market dip has already manifested itself in a 32% pull-back. Mostly driven by Bitcoin’s (BTC) dip to $85K, but not just that. Are other key on-chain stats falling in place with this dim theory? Mostly Bearish, But One Key Metric Favors ADA The Exponential Moving Average (EMA),


Continue reading on DailyCoin.
Market Opportunity
Cardano Logo
Cardano Price(ADA)
$0.3696
$0.3696$0.3696
-2.60%
USD
Cardano (ADA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.