<ul><li>Cardano's promising start to 2024, with ADA surging from $0.46 to $0.80 in Q1, has been followed by a decline.</li><li>A 2 billion ADA supply wall at $1.04 poses a significant resistance for price recovery.</li><li>Shorter-term targets around $0.66 seem achievable, but breaking through $1.04 is a major challenge.</li><li>Cardano's longer-term prospects depend on Bitcoin's performance, with a potential rally to $0.61 if BTC breaks above $70,000.</li></ul>

Cardano’s $1 Dream Fades: 2 Billion ADA Supply Wall Blocks Rally Hopes

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