Current Market Status: Cardano (ADA) is consolidating around the $0.95 mark after retesting support at $0.85, with trading volume down 37.56%, indicating hesitation among traders; a failure to maintain above $0.92 could lead to a decline towards $0.85–$0.88.
Long-Term Outlook: Despite short-term challenges, ADA is viewed as undervalued compared to its all-time high of $3.10, with strong fundamentals and an active development community suggesting potential for long-term growth and adoption.
