Cardano Price Prediction: Everyone’s Given Up on ADA – Which Is Exactly Why It Might Be About to Explode

Cryptonews
Cryptonews
ADA-0.36%

Cardano price prediction has taken a bearish turn in recent months, with investors largely abandoning ADA after its prolonged struggle to regain momentum.

Market sentiment paints a picture of capitulation as ADA continues to consolidate at multi-month lows.

But the question now is whether this overlooked asset can quietly position itself for a sharp breakout.

Looking at on-chain analysis from market intelligence platform Santiment, despite ADA recording the lowest sentiment in five months, the price has quietly climbed 14% in the last 30 days.

Cardano has quietly seen its normally optimistic crowd start to turn bearish. After the lowest sentiment recorded in 5 months, $ADA's price is +5%. Patient holders and dip buyers during this three week downswing should root for this trend of bearish retailers to continue.… pic.twitter.com/VgGwRW243P

— Santiment (@santimentfeed)...
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