Cardano (ADA) has experienced a significant uptrend, surging by 13.73% over the past week. This strong performance comes amid growing interest and positive sentiment around the cryptocurrency.
However, analysts caution that a short-term pullback might be on the horizon. They highlight fundamental factors that could contribute to a temporary decline in ADA's price.
Overall, while the recent gains are noteworthy, investors should be prepared for possible price corrections in the near term.