Cardano Native Token at Crossroads
Cardano (ADA) is currently in a complicated situation as its next price movement can determine if the crypto experiences a major bullish or bearish trend. Currently, ADA is in a strong year-to-date (YTD) increase of around 62%, but it is also in a make-or-break moment. This means that the next price movement of ADA in recent days could determine if the cryptocurrency will make profits or losses during the year.
At the time of writing, ADA is at about $0.39, which may decrease further, assuming it does not change its course. In mid-January, ADA broke through the bearish trend it has been experiencing since October 2022. However, with its current market situation, it might even go down further, or it might increase sporadically. Cardano (ADA) is at a crossroads.
