\n\t\t\t\t\t\t\t\t\t“Currently, a 10 billion market cap, this thing is not even worth $1 billion,” one X user argued.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
The latest cryptocurrency market crash was brutal, sending Cardano\u2019s ADA to multi-month lows.<\/p>\n
Some analysts believe the storm may not be over, warning the price could nosedive by as much as 75% in the short term.<\/p>\n
The Bad Days for the Bulls Aren\u2019t Over?<\/h2>\n
Several hours ago, ADA plunged to 0.27, the lowest level since August 2024. Currently, it trades at around $0.29 (per CoinGecko\u2019s data), representing a 15% decline on a weekly scale.<\/p>\n The well-known analyst DrBullZeus claimed<\/a> that the asset is now nearing \u201ca must hold support zone\u201d at the range of $0.24-$0.28. He thinks that breaking below that level could result in a price crash to $0.125 and even $0.075.<\/p>\n The popular trader Matthew Dixon also chipped in. He suggested<\/a> that \u201ctechnically speaking,\u201d ADA has retraced in three waves since the local top seen towards the end of 2024. He outlined $0.24 as a \u201cvery important long-term support,\u201d predicting that as long as it holds, the price could rebound.<\/p>\n \u201cA break of support would be a serious concern,\u201d he alerted.<\/p>\n<\/blockquote>\n Prior to that, Harmonic Trader predicted<\/a> that in six months, ADA might trade under $0.10. \u201cCurrently, a 10 billion market cap, this thing is not even worth $1 billion,\u201d they argued.<\/p>\n Despite ADA\u2019s recent price decline, some other analysts remain optimistic that a resurgence could be on the way. One of them, using the X nickname\u00a0\u201cLucky,\u201d\u00a0asked<\/a> their almost two million followers whether<\/span>\u00a0they plan to increase their exposure to the token at current rates. The analyst also envisioned a potential pump to nearly $1 in the near future.<\/p>\n LaPetite is also bullish. Several days ago, he forecasted<\/a> that ADA is about to go \u201cparabolic,\u201d claiming that \u201chuge announcements\u201d concerning Cardano are coming soon.<\/p>\n The recent exchange netflows signal that a rebound could indeed be on the horizon. Data provided by CoinGlass shows that over the past days and weeks, outflows have significantly outpaced inflows. This means investors have been shifting from centralized platforms to self-custody, which in turn reduces immediate selling pressure.<\/p>\n\n
Time to Rally?<\/h2>\n
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![\"ADA](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/02\/ADA-Price.png\")
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