{"id":531306,"date":"2023-05-11T20:09:06","date_gmt":"2023-05-11T20:09:06","guid":{"rendered":"https:\/\/uniquehot.com\/?p=531306"},"modified":"2023-05-11T20:09:06","modified_gmt":"2023-05-11T20:09:06","slug":"cardano-may-sink-to-this-level-as-bears-keep-gaining-leverage","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/cardano\/cardano-may-sink-to-this-level-as-bears-keep-gaining-leverage\/","title":{"rendered":"Cardano May Sink To This Level As Bears Keep Gaining Leverage"},"content":{"rendered":"
Over the past few days, the price of Cardano has been in a downward trend. This has led to the strengthening of bearish sentiment. In the last 24 hours, ADA experienced a dip of approximately 4.2%. Over the past week, the altcoin depreciated by close to 10%.<\/p>\n
These price fluctuations have raised concerns about investors’ interest in Cardano. The same is reflected in the low buying strength and accumulation observed on the charts. Cardano finds itself trapped within a range, lacking a clear price direction, gradually eroding buyer confidence.<\/p>\n