$ADA MARKET UPDATE: WHAT’S NEXT?
#Cardano currently at a critical junction, showing a clear 'Descending Triangle' pattern. Based on the technical analysis, here are the two possible scenarios:
🔴 The Bearish Case (Downside):
If ADA fails to hold its current support level, we could see a drop below 20 cents. In this scenario, the price might remain suppressed for a significant period.
🟢 The Bullish Case (Upside):
If the market defies the pattern and breaks out to the upside, ADA could gain strong momentum, pushing the price back above 60 cents.
The market is currently testing key levels, so stay alert and trade wisely.