🔷 Cardano Price Forecast: ADA Could Dip Before Next Leg Up 📉➡️📈
ADA surged nearly 20% last week, reclaiming the $1 psychological mark on Aug 14. But momentum is cooling—ADA slipped 3.88% Monday and trades around $0.91 Tuesday.
🔎 Technicals:
⚠️ Further correction could test key support at $0.84.
📊 RSI at 61, rejected from overbought → Fading bullish strength.
📉 MACD shows declining green bars → Momentum cooling.
✅ If ADA regains strength, it could extend its rally back toward the $1 psychological level.
Will ADA bounce or slip further before its next move? 🤔