Cardano SuperTrend Turns Bearish—Last Signal Preceded 80% ADA Drop

A cryptocurrency analyst has pointed out how Cardano has formed a technical analysis (TA) signal on its weekly chart that last led into a major price drawdown.
Cardano SuperTrend Has Flipped Bearish
In a new post on X, analyst Ali Martinez has talked about a signal that has appeared in the SuperTrend of Cardano. The “SuperTrend” refers to a TA indicator that’s generally used for determining whether a given asset is following a bearish or bullish trend. It’s built using th