& Nbsp & nbsp
Cardano (ADA) is located in a narrow angle after declining to the psychological price of $ 0.75, as it increases low altitudes and low decreases of declining pressure.
In technical analysis, depict the highest low levels and low declines because buyers are not strong enough to pay the price on the height as before.
Therefore, sellers are usually controlled in such a situation because they continue to pay the price further.
This explains the reasonAccording to Coingecko data, Cardano has lost 7.1 % of its value last week and is currently Trading at $ 0.735.
Despite this decrease, whales do not wander in their pursuit of more Cardano. They recently bought more than 80 million ADA, at a value of $ 57 million.
& nbspThanks to this development, not all hope for Cardano because whales expect prices to increase in the near future.
Market analyst Jimmy X saw that recently Kardano was looking for a bullish reflection This can witness the largest increase in cryptocurrency to a $ 1 dollar price area based on the market value.
Arab Crypta, analyst Arab Crypta, recently shared similar feelings, saying that ADA put her eyes on the psychological price of $ 3 since it was constantly buyers Defending the neckline.
Cardano is famous for the participation of its review approach between peers and scientific, which is a third generation that intends to solve sustainability issues, interconnection, and the ability to expand in previous networks, such as ETHEREUM (ETH) and Bitcoin (BTC).
