Will ADA Price Crash to $0 in the Next 30 Days?

Cardano’s price has been steadily declining in recent weeks, creating anxiety among traders. The uncertainty fueled by macroeconomic factors such as rising wages and job market volatility is impacting the cryptocurrency market broadly, with ADA often taking the first blow. While fear may be a powerful motivator for short-term trading decisions, this decline isn’t indicative of a catastrophic downfall. Instead, it reveals a coin stuck in a downward trend that shows signs of structural integrity. Analysis of the daily chart reveals that while momentum remains on the selling side, ADA is not plummeting towards oblivion.