Cardano Price Dips 20%, But Is This a Sign of a Bounce Back?

Cardano (ADA) has experienced a significant drop of approximately 20% in value over the past two weeks, leading to concerns among investors. However, historical analysis suggests this decline might not be the end of the story, as ADA price often recovers after dipping periods. This time, the token is approaching crucial support around the upward trend line. If history repeats itself, it could lead to a strong rebound and surpass $1 again.