Cardano (ADA) is facing a potential 8% price decline as the overall cryptocurrency market drops by 5.5%. If ADA fails to hold the $0.75 support level, another 20% drop could follow. Exchanges have seen a significant outflow of ADA, the highest since December 2024, indicating potential accumulation by long-term holders. Traders and investors should monitor key levels, such as $0.75, as it may determine the future direction of ADA.
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