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Cardano Price Prediction: ADA Set To Crash To $0.4 After Correction To Liquidity Zone

  • Cardano (ADA) is facing bearish pressure and may head towards the $0.40 region after a correction to an important liquidity zone.
  • ADA's price structure and technical analysis indicate a bearish outlook, with lower highs and potential breakdown below key support levels.
  • If ADA fails to hold the $0.581 support level, it could further drop towards $0.4564, $0.42, and potentially $0.40.
  • The recent surge in crypto market volatility and lack of aggressive buying add to the possibility of more downside moves for ADA.

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