Cardano

<ul><li>Dan Gambardello predicts that ADA will hit $5 in the foreseeable future.</li><li>A notable decrease in trading volume by 24.54% to $158,526,910 suggests the bearish sentiment might persist.</li><li>Cardano has seen intraday highs of $0.2586 and lows of $0.2527.</li></ul>Dan Gambardello, known on Twitter as &#64;cryptorecruitr, recently made a bold prediction about the future of Cardano  (ADA). He believes that ADA would reach a price of $5 in the not so distant future, a statement that has certainly caught the attention of many in the crypto community.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/3c111d94aea84a9f99e6a54c6a2a79e4.png" />Following Gambardello&#39;s prediction, Cardano is seen trading in a bearish sentiment with the token&#39;s current <a href="https://coinmarketcap.com/currencies/cardano/" rel="noopener noreferrer nofollow">price</a> at $0.2558, down 0.36%. However despite this bearish trajectory, the token has managed to hit an intraday highs of $0.2586 and intraday lows of $0.2527.The current bearish sentiment might continue to be experienced in the ADA market as indicated by the decrease in trading volume which has recorded a dip of 24.54%, currently sitting at $158,526,910.While analysing the technical side, the stochastic RSI, with a value of 27.24 and a downward direction, indicates a prevailing bearish trend in ADA. This suggests that sellers are currently dominating the market. As a result, investors could anticipate further downward pressure on prices in the upcoming period.Read full article at <a href="https://cryptotale.org/ada-price-struggles-to-find-support-amid-ongoing-bearish-sentiment/" rel="noopener noreferrer nofollow">CryptoTale.</a>

ADA Price Struggles to Find Support Amid Ongoing Bearish Sentiment

CryptoTale

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