Crypto analyst Benjamin Cowen warns that Cardano (ADA) may experience a significant drop if bad US economic data is released. However, if economic indicators remain within expectations, ADA may follow a historical pattern and surpass its previous high of $1.20. Cowen also suggests that ADA may be repeating a pattern from last year, potentially leading to a 20% dip before rallying. ADA is currently trading at $0.95, down 2.6% in the last 24 hours.
- Content Editor ( dailyhodl.com )
- 2025-01-14
One Factor Could Trigger ‘Larger’ Sell-Off in Cardano, Says Analyst Benjamin Cowen – Here’s His Outlook