We will most likely see ADAUSDT range between 1.1-1.4 USD fundamentally for the rest of January. Cardano has been on a downtrend for the past 3-4 months and is looking for another break to the upside.
Reasons - Highly anticipated launch of Sundaeswap which had some tx issues because of clogged network - Overall Crypto market in a dip - Tech stocks first drop since the first covid dump - Retail traders taking a big hit
Once the market has stabilized and with the release of their first DEX, Cardano could see an uptrend with new ATH.