Cardano Prices Steadily Hold Near $0.66 as Market Uncertainty Persists

Despite a recent sharp dip, Cardano (ADA) price is showing resilience, hovering near the $0.66 level after encountering significant market pressure in early May. While technical indicators suggest consolidation and potential for short-term fluctuations, key support levels remain intact. Large transaction volumes exceeding $9.12 billion in April signal ongoing whale activity. This activity may indicate a shift towards accumulation amidst price weakness.