Cardano's price has decreased by almost 10% in the past week, largely due to a significant decline in whale activity. The netflow of large holders has dropped by 90% in the past seven days, indicating that whales are selling their assets and increasing the supply in the market. This has led to a decrease in confidence among ADA retail traders, who may sell their coins or hesitate to buy more. The Network Realized Profit/Loss (NPL) for ADA has shown a positive value, suggesting that holders are selling at a profit. The dropping Relative Strength Index (RSI) confirms increased selling activity, indicating that ADA's price could continue to decline. If the price drop continues, ADA may reach a low of $0.82, but a shift towards coin accumulation could cause the price to rise above $1.



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