Cardano Price Prediction: Secret Bottom Signal That Called 2019 and 2022 Just Fired as ADA Hits Historic Lows
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- ADA hit the most oversold state on both daily and weekly charts in its entire history, more extreme than the December 2018 lows per LuckSide Crypto
- Binance top traders running a 2.5286 long/short ratio with smart money heavily positioned for upside despite the 30% monthly drop
- BTC total supply in loss hit 10.5 million coins, a level that has marked the cycle bottom in 2019, 2022, and the COVID crash
Cardano trades at $0.169 on June 8, bouncing slightly from the $0.1500 lows that marked the most oversold weekly RSI reading in ADA’s history, as BTC supply-in-loss data and derivatives positioning suggest the broader crypto market may have printed a cycle low.
ADA Daily Chart: Supertrend Bearish but MACD Starting to Turn
The daily chart remains structurally bearish. The Supertrend sits at $0.1977, well above curren…
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