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The Cardano price is down nearly 4% over the past 24 hours and remains about 33% lower over the past month. Despite this weakness, several technical and on-chain signals suggest that selling pressure is fading.
The share of ADA supply in profit has dropped by roughly 75% since January, sharply reducing profit-taking incentives. At the same time, a potential reversal pattern is forming on lower time frames. Together, these signals raise a key question: is this Charles Hoskinson-led token preparing for a…
