#CardanoDebate

Cardano’s Chart Shows Caution Amid Broader Optimism

Following a wave of institutional optimism and strong community engagement, Cardano’s chart is not reflecting the same bullish tone. Although the price remains within a falling wedge, a pattern often associated with bullish reversals, analyst MasterAnanda cautions that ADA may still dip into the $0.57 to $0.52 range before any major recovery takes shape. This zone aligns with a key support cluster that has held multiple times over the past months. If this holds, once again, a macro bullish move towards $1.00 and $1.50 is on cards.