Will Cardano’s Price Drop to $0.5 Hit as Bearish Signals Mount?

Cardano’s price has recently witnessed a decline, causing concern among investors due to its descent below key resistance levels. This downward trend is fueled by several factors including a breakdown from the consolidation range and significant whale selling activity. Analysts suggest that this could lead to another substantial drop, potentially reaching $0.50 or lower. The price slump has further intensified market volatility as traders anticipate a further decline. 🕵️‍♀️