ADA Plummets: Will $0.68 Trigger a Comeback or Deepen the Downturn?

Cardano (ADA) has experienced a steep decline of 3.7% today, falling below the $0.60 mark and raising concerns about further losses towards the $0.53 support level. The drop follows a week of modest gains but remains part of a longer-term bearish trend with ADA down -23.25% over the past month, -24.46% year-to-date, and -39.95% over the past six months. This comes as geopolitical tensions in regions like the Middle East weigh on markets, contributing to sell pressure across crypto assets. ]