Cardano (ADA) fell today, July 22, trading at $0.8646, with a decline of 1.29% in 24 hours. This drop reflects the collapse of the cryptocurrency market, which has caused a loss of more than $550 million in liquidations. However, despite this unstable movement, the price of Cardano seems ready for the next phase of its bullish trend, considering that it has broken through a descending wedge, as ADA's founder, Charles Hoskinson, predicts it will reverse Ethereum's behavior.
