ADA Plummets: Bears Feast, Bulls Weep 🌧️💸

Another week dawns, and lo! The market, that fickle minx, has taken a tumble, as CoinStats solemnly reports. 🌪️

ADA/USD: A Tale of Woe and Wretchedness

Alas, poor Cardano (ADA), thou hast fallen by 2.83% in the last 24 hours. A tragedy most foul! 😢

On the hourly chart, the price hath broken its local support at $0.3853. Should the daily bar close beneath this mark, a descent to $0.38 may ensue-a fate most dire! 🚨

In the grander scheme, the outlook is equally bleak. ADA teeters on the brink of shattering the $0.3826 support. Should this calamity occur, the accumulated despair may propel it further downward, into the abyss of the $0.37 zone. 🌋

From the midterm perspective, the altcoin’s trajectory is as a stone cast into a well-ever downward. If the candle closes below $0.38, traders may soon witness a test of the $0.34-$0.36 range by month’s end. A spectacle most grim! 🤡

At press time, ADA lingers at $0.3839, a shadow of its former self. 🥀

Read More

2026-01-12 18:33