Cardano's ADA is currently in a phase of consolidation, indicating no significant breakout and trading slightly below the $1 mark. The recent price movements have dipped into the red zone, yet showing notable resilience.
Despite the current downside, ADA has successfully recorded a more than 12% increase in the last week, signaling potential for positive price retracement or upward movement in the near term.
Investors are closely watching ADA's movements for potential breakout opportunities or new trends that might emerge from its current consolidation phase. Overall, cautious optimism surrounds ADA's price action going forward.
Источник: coinpedia.org ↗