Cardano (ADA) Price Prediction for May 17

Cardano (ADA) Entrepreneurs Speak Out Against Redemption Voucher FUD

As discussions around Cardano’s ADA redemption voucher are taking a new turn. Prominent figures from the Cardano startup ecosystem are stepping in to clarify misinformation. Michael Yagi, CEO of Ikigai Technologies, and Daniel Friedman, Founder & CEO of zenGate Global, have both addressed this issue. They defended the integrity of the redemption process. Their insights not only correct misconceptions but also highlight the challenges Cardano ent…

Cardano Risks Falling Below $0.75

The price of Cardano (ADA) is bearish after being rejected twice at the $0.84 level.

Cardano (ADA) Price Prediction for May 17

Bulls have failed to maintain growth, and most of the coins have returned to the red zone, according to CoinMarketCap. Top coins by CoinMarketCap ADA/USD The price of Cardano (ADA) has declined by almost 4% over the last day. Image by TradingView On the hourly chart, the rate of ADA is on the way to the local support of $0.7353. If the decline continues, one can expect a test of the $0.73 range by tomorrow. Image by TradingView On the bigger tim…

Cardano (ADA) Faces Bearish Pressure Amid Market Downturn

Cardano (ADA) has dropped nearly 4% over the past 24 hours, mirroring the broader crypto market pullback, according to CoinMarketCap. As most major cryptocurrencies slip into the red zone, ADA is showing signs of further weakness. On the hourly chart, Cardanos price is approaching key support at $0.7353. If bearish momentum continues, traders may see a retest of the $0.73 level within the next 24 hours. The short-term trend indicates increasing …