ADA price is at a crossroads with the upcoming Chang hard fork on the horizon and limited support levels. This situation makes it challenging to predict the future price movement. On-chain metrics suggest that the market sentiment could be more bullish than bearish.
However, trader behavior analysis indicates a more bearish outlook. This divergence in sentiment between on-chain data and trader actions adds complexity to ADA's price prediction.
The high NVT ratio of the past 7 months is also creating uncertainty about potential price crashes.