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ATTMO
Jan 17, 2024 6:50 PM

ADA Faces ☁️ & Downside Risks in the Next 7 Days  

Cardano / TetherUSBinance

Description

Despite Cardano leading in code commits over the past year, surpassing Ethereum, Polkadot, and the BNB network, the current scenario appears grim.

Daily active addresses on Cardano have recently plummeted, accompanied by a decline in daily transactions on the network.

ATTMO predicts overcast conditions ☁️ and a bearish trend for Cardano CRYPTOCAP:ADA in the upcoming 24 hours.

The likelihood of this trend persisting for the next 3 & 7 days suggests an extended downside potential for the coin.

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