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What Next for Crypto Bulls as $ETH, $#XRP, $SOL, $ADA Drop 8–16% in a Week

$ADA Price Prediction: #Cardano Eyes $0.53 Recovery Target Within 2 Weeks Despite Current Consolidation ADA price prediction points to $0.53 short-term target as #Cardano tests critical $0.47 support. Technical analysis reveals mixed signals with potential for 8% upside.

A long-time Cardano holder loses over $6M in ADA after mistakenly swapping through a low-liquidity pool, raising concerns over DeFi trading risks. Click the 🔗 for the full story >>>

$ADA has broken below a key four-year support level of $0.5417, a technical floor that had held since November 2024. This breach has generated discussion among market participants about the potential for further price movement. The technical breakdown was highlighted by analysts, with some suggesting it could precede a significant price shift. Market sentiment around this warning has been largely interpreted as cautious. This technical concern coincides with a reported on-chain incident where a large ADA trade resulted in substantial slippage, drawing attention to liquidity conditions within the ecosystem. The current price trend contrasts with the bullish sentiment from late 2024, when ADA rallied to $1.32. That surge was fueled by a combination of network upgrades, policy discussions, and positive market developments. Since then, ADA has trended downward, erasing a majority of those gains and was trading at $0.4966 at the time of reporting.