<ul data-eligibleForWebStory="true"><li>Cardano recently fell into a liquidity pocket formed by equal lows after rejecting a supply zone.</li><li>The equal lows that may seem like support could potentially act as a trap, with a demand zone below.</li><li>ADA's potential bounce from the demand zone and revisit of the previous supply level depends largely on Bitcoin's movement.</li><li>Cardano's price movement was predictable, as it followed a typical pattern from supply to equal lows.</li><li>Bitcoin's influence on altcoins like Cardano remains significant.</li><li>In the short term, traders are likely buying off the equal lows, but these may not offer reliable support.</li><li>A demand zone under the equal lows could provide stronger support if price sweeps lower.</li><li>A rebound from the demand zone could lead to a significant upward movement.</li><li>Trading in the market is based on probabilities rather than certainties.</li><li>WEEX is offering a strong welcome bonus for traders with deposit bonuses and trading rewards up to $30K.</li></ul>

Cardano Price Prediction: Buy Now or Wait?

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