Blockonomi
TLDR Bear pennant pattern on 4-hour chart suggests potential 35% drop to $0.464 Whale addresses offloaded approximately 2 million ADA in one week Price rejected at $0.75-$0.76 resistance, currently trading near $0.7 support Cardano’s DeFi ecosystem shows weakness with only $360 million TVL Despite bearish signals…
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Cardano (ADA) Price: Whales Jump Ship as Technical Charts Flash Warning Signs
Oliver Dale
19:24
TLDR Bear pennant pattern on 4-hour chart suggests potential 35% drop to $0.464 Whale addresses offloaded approximately 2 million ADA in one week Price rejected at $0.75-$0.76 resistance, currently trading near $0.7 support Cardano’s DeFi ecosystem shows weakness with only $360 million TVL Despite bearish signals…
