Cardano (ADA) Down 76.66% From All-Time High, Matching Past Market Cycles

Cardano (ADA) has experienced a dramatic price decline of 76.66% from its all-time high, mirroring historical market patterns. This brings the token to a point where it is trading significantly below its previous peak. Charts show this sharp decrease aligns with past downturns in the cryptocurrency market, including those observed during major bear markets in 2018 and early 2020. Traders are closely monitoring ADA’s current structure, seeking clues about whether a breakout from this prolonged correction is imminent. The token’s historical link to Bitcoin movements further adds to the intrigue around its future trajectory.