Bullish Scenario:
If $ADA breaks above $0.45 with volume, it could retest $0.50 and beyond.
Catalyst: Any update regarding Cardano's Hydra scaling protocol or DeFi adoption could bring upward momentum. $BTC
Bearish Scenario:
If Bitcoin dominance rises or $ADA drops below $0.36, it may revisit $0.32 support.
Weak ecosystem activity and slow network growth can also contribute to decline
Long-term potential remains tied to network adoption, smart contract usage, and Hydra scalability upgrade.