Where Will Cardano Price Go This Week?
In our last Cardano weekly prediction, we outlined three possible paths for ADA, with the bullish case calling for a break above $0.23 and a move toward $0.24, as the bearish setup pointed to $0.20 and potentially $0.19. ADA ultimately followed the weaker path, dropping toward $0.20 before recovering slightly. The Cardano price is now trading at $0.2077, down 0.03%, as trading volume has fallen by 70%. That decline in volume shows that participation has cooled as ADA struggles to reclaim higher levels.With the market facing fresh macro pressure, new developments around Cardano and Midnight, and key technical levels nearby, the question now is whether buyers can defend $0.20 or whether another leg lower could follow. Here’s where ADA could go this week.