Cardano Price Forecast: ADA set for further decline on profit-taking acceleration, selling pressure

Cardano (ADA) is trading in the red at around $0. 80 as of Thursday’s writing, following a close below the ascending trendline earlier this week. On-chain data paints a bearish picture as holders realize profits and increase selling pressure. source: https://www.fxstreet.com/cryptocurrencies/news/cardano-price-forecast-ada-set-for-further-decline-on-profit-taking-acceleration-selling-pressure-202509250330