Cardano’s 20% Crash: A Turning Point or a Deeper Plunge?

Cardano has experienced a significant 20% drop, raising concerns about its future trajectory. This article investigates the factors behind the price decline and explores potential outcomes for ADA in the coming days. We delve into the current market dynamics, analyzing the impact of bearish sentiment, whale activity, and technical indicators like the RSI. While the crucial support level at $0.65 faces increasing pressure, experts remain uncertain whether this marks a temporary correction or a deeper dive into a bear market.