Cardano Price Analysis: Expecting a Consolidation Phase in November

Cardano’s price action has been stable, hovering around $0.64 on the 4-hour chart despite briefly dipping below $0.20 in October. Recent calm suggests that buyers are stabilizing after a volatile period. The Ouroboros Leios upgrade is now in active development, promising increased speed and efficiency for Cardano. While institutional participation has shown some caution, larger investors have quietly bought ADA, potentially anticipating longer-term gains.