<ul data-eligibleForWebStory="false"><li>Cardano has experienced significant selling pressure in recent months, leading to a price drop of over 50% since March.</li><li>The cryptocurrency is currently facing a key support level at $0.57, with bullish implications if this level holds.</li><li>Analysts have pointed out a bullish divergence in the Cardano chart, suggesting that sellers may be losing momentum.</li><li>However, there is a bearish scenario if Cardano fails to maintain the $0.53 support, potentially leading to further price drops.</li></ul>

Cardano Price Shows Seller Exhaustion Above $0.57 — Bullish Divergence Signals Rally

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