Cardano’s Big Fall: Will It Hit $0.50? 🚀

Oh no! The crypto world is a rollercoaster, and it’s currently doing loop-de-loops! 🎢 According to CoinStats, even the most resilient coins are taking a nosedive. 😱

ADA/USD

Cardano (ADA) is having a meltdown, dropping a shocking 7.78% since yesterday. 🧨 If this were a movie, it’d be called “The Fall of the ADA Empire.”

On the hourly chart, ADA tried to break through $0.6247, but it was just a trickster! 🧙‍♂️ If the daily bar closes far from that mark, expect a test of the $0.5960 support. Or, as I call it, “The Great Descent.”

On the longer time frame, sellers are winning the war. If bulls lose the $0.60 zone, prepare for a plunge to $0.55. It’s like a game of chess, but the pieces are all crying. 🤯

From the midterm view, keep an eye on $0.5192. It’s the “I’ll-be-back” level. 🕷️ If the weekly bar closes below, the $0.50 range is next. Don’t worry, it’s just a minor setback. 🤷‍♂️

ADA is currently trading at $0.61919. Barely a dollar! 💸

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2025-10-17 19:03