ADA Price Forecast for 2023 – Can ADA Pump to $15 in Next Bull Market?
Cardano has endured another down day with ADA again falling and currently sitting 2.5% down in 24hrs at the time of writing.There was a silver lining to the bad news, however, with the $0.35 support line continually tested and - so far - unbroken.Cardano is now down 8.5% in the last seven days and 21% in 30 days,
Cardano Short-Term Price Prediction
The Relative Strength Index (RSI) is just 25 on the 1-day chart, putting it in the weak category, and hints at even more downward movement to come - though soon it will move into oversold and undervalued territory.
The most bearish analysts have the chart breaking through support at $0.35 and even $0.25, with some believing there could be a local bottom of $0.15 before the end of the year.
