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Cowen's warning is grounded in a detailed analysis of ADA's price chart, revealing a concerning trend. After breaking a crucial trend line, However, this accumulation was short-lived as ADA started to exit this phase, losing key support levels along the way. Currently priced at 890 satoshis per This prediction is not new; Cowen has been indicating a decline in ADA's price relative to Bitcoin since at least the end of March this year.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.