Cardano Price Prediction: Bearish signal emerges as ADA eyes rebound to $1.20 – FXStreet

Cardano’s price prediction is currently showing a bearish signal, but there is hope for a rebound to $1.20. The cryptocurrency ADA is facing some challenges in the market, but analysts believe it has the potential to rise back up to the $1.20 mark. Investors are keeping a close eye on the price movements of ADA as they wait to see if it can break through this resistance level. Despite the current bearish signal, many are optimistic about ADA’s future prospects and are hopeful for a turnaround in the near future.