Cardano dangers 60%-90% drop, warns dealer with ADA portray a traditional bearish sample By Cointelegraph

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Cardano risks a 60% -90% decline, warns the merchant with ADA, who is painting a classic bearish pattern

is about to take on the title of a full-fledged smart contracts platform according to a critical upgrade in mid-July. Project founder Charles Hoskinson confirmed that he recently processed sales of non-fungible tokens worth more than $ 10 million on his public ledger.

Additionally, SundaeSwap, the first DeFi DEX to use Cardano smart contracts, is expected to hit the market shortly, and many ADA investors are interpreting this as a potential bullish catalyst for the altcoin.

Cardano’s head and shoulder setup. Source: TradingView.com, Peter Brandt

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