CandleFocus Top Trader Predicts 61% Crash for Cardano to $0.15, Calls for Massive ADA Short
2024-10-01
Author: Content Editor
The content discusses a warning from a crypto trader about a potential 61% crash for Cardano (ADA) to $0.15. The trader advises investors to consider shorting ADA despite recent gains. Cardano recently reached a two-month high of $0.4147, benefiting from the bullish crypto market. However, the trader believes that the price will drop significantly before potentially entering a bull market. The trader suggests a short target of $0.25 and believes that reaching $0.15 would signal the bottom before a significant bull run. Other market analysts have a more bullish outlook, projecting ADA to reach as high as $10 in this bull season.
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