 
 
Cardano (ADA) kicked off the new week on a subdued note, as the broader crypto market experienced a downturn, led by Bitcoin. This drop saw the total crypto market cap shrink to $2.2 trillion.
Notably, ADA has struggled over the past three weeks, with last week’s close marked by a “Gravestone Doji” candle formation, signaling investor indecision. Nevertheless, despite the lackluster trend, some analysts predict a bullish reversal that could propel ADA to new all-time highs.
Among them is Dan Gambardello, a popular analyst on the Crypto Capital Venture’s YouTube channel. In a recent video, the pundit predicted that ADA is on the brink of a major breakout, potentially reaching around $31, marking a remarkable 9,300% increase from current levels. He highlighted that the market has faced “180 days of downside” since March, setting the stage for this anticipated…
