Summary
- Cardano (ADA) is facing potential selling pressure from large investors holding significant amounts of ADA.
- Low volatility in ADA’s price might hinder growth and limit significant price increases.
- Two potential scenarios for ADA’s price include a consolidation phase or a correction with prices falling to previous support levels.
- Despite bearish signals, some optimism remains as ADA has shown resilience and there are bullish price predictions for the near future.