Cardano (ADA) has shown substantial volatility through the first quarter of 2024, characterized by periods of price increase followed by facing significant market resistance.
Currently, market conditions indicate the possibility of ADA experiencing a short-term decline to around $0.32. Despite this potential dip, there's optimism tied to Bitcoin's performance.
A potential increase in Bitcoin prices could simultaneously push ADA above the $0.61 threshold, presenting new opportunities for investors.
