Cardano on the Tightrope: The Truth Behind Its Decline!
The Cardano community is in shock: despite the bombshell of the integration with Coinbase and the anticipated boost from XRP, ADA still can't get back on its feet!
Let’s not beat around the bush. While these advances are huge, the market has a memory and is weighing more than ever:
* General Market Sentiment: The crypto environment remains cold. Global macroeconomic uncertainty and the caution of large investors are dragging down all altcoins, and ADA is no exception.
* Insufficient Trading Volume: Despite the good news, buying volume has not been strong enough to break through key resistances. The "bulls" simply do not have the strength to overcome the bears.
* Selling on "News": In the crypto world, it’s often buy on rumor and sell on news. Once the integrations were made official, many investors who were expecting a quick pump sold their ADA, generating immediate downward pressure.
* Crucial Technical Resistances: ADA is trapped beneath very strong technical resistance levels. Every attempt to rise is thwarted by a wave of selling that prevents sustained recovery.
In summary: Neither the giant Coinbase nor the weight of XRP has managed to ignite the spark. Cardano remains under the pressure of an relentless bear market and the harsh reality of a lack of real buying momentum. The big question is: how much longer can it endure?