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)...
Show original
Visit source
3.8K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.