Cardano (ADA) has been struggling to maintain its momentum in recent weeks, with the hype surrounding the launch of the Shelley mainnet upgrade beginning to fade.
This has had dire implications for ADA’s price, which has been struggling to maintain the intense uptrend that it has previously been caught within.
Analysts are noting, however, that the cryptocurrency is finally nearing what is being described as the “sweet spot” that may ultimately allow it to reverse its multi-week descent and begin forming a new leg higher.
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https://www.newsbtc.com/2020/08/28/heres-how-low-cardano-ada-may-plunge-before-starting-its-next-uptrend/