We seem to have hit a of sorts with price if you want to look at it through this specific analysis. Could it rally? I couldn't say, but a consistent and realistic path can be set towards $0.40 this year that doesn't seem that outrageous, especially if Coinbase brings Cardano onto its platform as 1/5 coins its considering.
is down and price action with it. This may be one to watch for the time being until some real momentum kicks in. If you love the coin and what it stands for, then this is by all means a good time to get in. Cardano crashing isn't that far off from the Long Term Mean line, but given the scope, and history, it wouldn't be anything catastrophic by any means.