Cardano's price experienced a significant rise over the past two weeks, increasing from a low of $0.3 to $0.36. This surge was driven by bullish market sentiment, as indicated by the long bottom wick on last week’s candle, showing that buyers were in control.
Despite these gains, ADA’s price still faces the risk of a drop to $0.2. The market dynamics suggest ongoing volatility, which could result in a potential downturn.
Investors should remain cautious as the price movement in cryptocurrencies can be unpredictable and subject to sudden changes.
