ADA is currently trading in a large bearish descending triangle. If it breaks down, the technical price target is about $0.70. It's possible this is the bearish version of BTC's falling wedge pattern (which it broke out of). I would remain extra cautious in you are an ADA hodler, as Cardano seems to be collapsing. It's still possible it breaks to the upside, especially if BTC rallies hard soon.
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