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Cardano Price Prediction: ADA Crashes Over 16% in One of Its Worst Drops This Year

  • Cardano (ADA) experienced a sharp 16.36% drop in the past 24 hours.
  • The drop is part of a broader crypto market selloff, with multiple altcoins losing double digits.
  • ADA is currently trading at $0.53 and is at a major support zone between $0.50 and $0.52.
  • The reasons behind the crash include heavy sell-offs, outflows from exchanges, global market uncertainty, and weak momentum.

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