At this point, it's likely a good time for many to DCA. Ada bounced off its support zone and the whole crypto market is taking a bit of a breather. Good macro or Cardano news could produce a strong upward movement and jumpstart the Ada bull. However, there is a lot of uncertainty in global markets, which is spooking investors. Crypto is definitely gaining adoption -- Crypto.com branding and Jack Dorsey's Block. Let's see what happens.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.