Cardano Price Could Be Heading To $0.10 — Crypto Founder Offers Insight
Summary
Cardano has faced heavy selling, dropping more than 30% over the past week and about 16% in the last 24 hours to around $0.1568. One analyst says panic-selling may not be the best response and points to potential accumulation levels if the decline continues. Key on-chain reference levels are about $0.1097 and $0.03478, described as Cardano’s Thermo Price and Delta Price. The Thermo Price is framed as a stable valuation based on historical network revenue per circulating coin, while the Delta Price reflects the gap between realized price and Thermo Price, often associated with deep-cycle bottoms and long-term buying zones. A $0.05 to $0.10 range is described as a potentially attractive accumulation area if further downside develops.
