ADA price increased by 188% recently: Cardano (ADA) witnessed a significant 188% price increase over the past 60 days, reaching a peak of 1.32 USD. However, following this surge, ADA is currently correcting and has cooled down to approximately 1.02 USD.

Current market trend suggests caution: Despite the positive accumulation by whales, ADA is forming a Descending Triangle pattern that could indicate further declines. The support level of 0.90 USD is crucial; a break may trigger additional bearish trends.