Category: Crypto News, News

ADA Holders May Need To Wait Till 2028 For $3, Unlike Remittix Investors

The recent Cardano price prediction paints a slow recovery story. ADA has dropped by 9.3 percent in the last 24 hours and , way below its previous levels. believe that Cardano is unlikely to see $3 again until 2028, unless a big trend change happens. An increase in the trading volume and a loss in price imply increased selling pressure and not reassured confidence.

The market indicators demonstrate that liquidity keeps leaving Cardano, and 50-day, 100-day, and 200-day moving averages are all against ADA. Sellers continue to be in control by rejecting every recovery push since its breakdown in October. The RSI of almost 34 indicates that ADA might decrease further before reaching an oversold point.

Long-term holders are feeling the strain. Cardano’s whales have offloaded millions of tokens, and futures data shows consistent outflows, with ADA recently. Unless sentiment shifts, the Cardano price prediction points toward prolonged stagnation. Many traders are already accepting that ADA may need several market cycles before returning to the $3 level last seen in the 2021 bull run.

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