Let's start by saying Cardano is a good solid coin, and I think it is a common believe.
ADA went through a big jolt of Eliot Wave that started mid December 2017 and reached a peak on January 5th.
after the dust settled it was left quite used and abused to lick its wounds, and i do believe it is now coming to.
It looks like an accumulation zone, so everybody - stock up!