Cardano (ADA) Set for Short-Term Drop, But ATH Coming in December?

TL;DR Analyst Sssebi sees ADA dipping to $0.70–$0.75 before rebounding toward $1.00 and higher by ￰0￱ addresses moved 160M ADA recently, dropping holdings from 5.6B to 5.44B, while demand held ￰1￱ surpassed 114M transactions, with ETF approval odds climbing to 91%, boosting investor interest in ￰2￱ Sees Pullback Before Rally Cardano (ADA) is trading around $0.82 with a 24-hour volume of $1.8 ￰3￱ token gained slightly today but remains down 5% this ￰4￱ analyst Sssebi expects a pullback before recovery, writing , “Bigger drop until October and then bounce back mid October–November. Possible new ATH at Christmas time.” Their projection points to a decline toward the $0.70–$0.75 zone before regaining ￰5￱ 4-hour chart outlines a rebound toward $1.00, setting up for a possible year-end ￰6￱ addition, volume levels have stayed steady, showing no signs of major accumulation or ￰7￱ Relative Strength Index (RSI) is moving toward oversold conditions, a reading often associated with price support in the near term.) Set for Short-Term Drop, But ATH Coming in December?

appeared first on CryptoPotato .