Cardano Primed for Bullish Rebound as Selling Pressure Evaporates – Analysts See Green Ahead

After months of sideways action, Cardano (ADA) shows signs of shaking off the bears. On-chain metrics and technical analysis suggest the smart contract platform could be gearing up for its next leg up.

The capitulation phase is over

Whale accumulation patterns and declining exchange reserves point to weakening sell pressure. Retail traders who panic-sold during the recent dip might soon regret their haste.

Institutional eyes on the prize

While Wall Street still pretends to 'wait for regulatory clarity,' savvy funds are quietly building positions. The same institutions that mocked crypto last cycle now can't stop filing ETF applications.

ADA's recent consolidation mirrors its 2021 breakout structure before a 1,500% surge. History doesn't repeat, but it often rhymes – especially when the financial alchemists start printing stimulus again.

The Cardano native token, ADA, has regained momentum after a sharp correction earlier this week, with analysts anticipating a potential rebound. ADA’s latest price action suggests that bears may be losing strength in the market, indicating a potential exhaustion of downtrend pressure as bullish indicators surface.

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