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ADA Price Alert: Cardano Could Be 50% Cheaper Soon, Says Top Trader

  • An analyst predicts that Cardano (ADA) could decline by another 50% due to a bearish trend dominated by lower lows and lower highs.
  • Another analyst believes that ADA has the potential to reach $5 to $10, citing the launch of ADA Exchange Traded Funds (ETFs) and institutional interest as catalysts.
  • Cardano (ADA) recently experienced a 1.8% gain in 24 hours and a 2.4% gain in seven days, indicating a slowly rebounding confidence in the asset.
  • Factors such as the ADA ETF launch, rising institutional demand, and positive social metrics could contribute to ADA's potential growth.

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