Cardano Drops To Its Lowest In Last 7 Days – More Slide For ADA?

Cardano, the 8th largest cryptocurrency in terms of market capitalization, traded for $0.38 at one point today to drop to the lowest it’s been for the past 21 months.

• ADA just recorded its 2022 all-time low of $0.36
• Cardano may be on another bearish run all the way to the forecasted $0.25 mark
• IOG leans on strong fundamentals to have a bullish rally.

The downward slide continues for ADA, as its price declined further. As of this writing, data from Coingecko shows the asset is trading at $0.36.

It is now down by 6.9% for the past 24 hours and has lost 14.8% of its value for the last week. This development, however, is no longer news.

Veteran market analyst Peter Brandt tweeted last week that ADA, following sell off since the completion of the Vasil hardfork on