The post Cardano (ADA) Price Crash On Horizon – Peter Brandt Predicts Lower Levels appeared first on Coinpedia Fintech News
The crypto market has succumbed under bearish pressure as Bitcoin is still hovering around the $18,000-$19,000 mark, bringing the global crypto market cap under $1 trillion.
Meanwhile, Cardano, which was expected to drop after the Vasil hardfork launch just like Ethereum did after its merger, is about to see a severe price crunch in the days to come.
A well-known crypto analyst and trader, peter brandt peter brandt ceo at Factor LLC Peter Brandt Chief Executive OfficerAuthorTraderMarket Analyst Followers : 0 View profile , posted an ADA chart via the Twitter platform that suggests that Cardano has settled in a descending triangle chart graph.
Cardano Price To Drop
Peter Brandt is known for accurately predicting crypto price action. He had posted an ADA chart just a week ago, where he claimed that if Cardano decides to resume within the descending triangle pattern, ADA will see another price drop.
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