Latest Cardano price prediction by Peter Brandt may scare ADA investors as ominous head-and-shoulders pattern hints at 47% drop
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Still, it is not just technical analysis at play here. The market's feeling is subdued, and ADA's struggle to hold key levels could signal waning confidence. We do not know if this will play out as predicted, but it is hard to ignore the drop below $1, and the subsequent fall below $0.90. Cardano is about to face a crucial test.
The next few weeks will show if the cryptocurrency can defy the technical outlook or if Brandt's bearish scenario unfolds as anticipated. Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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