Here’s Why The Cardano Price Is Struggling Below $0.7

 The price of Cardano (ADA) has dropped below $0.7 due to a decrease in whale transactions ($100,000 and above) on the network since March 14, according to data from crypto analytics platform Santiment. This suggests that ADA whales began taking profits and slowly exiting their positions. This trend of profit-taking is not unique to ADA, with investors also taking profits from other crypto tokens, including Bitcoin. However, there is speculation that ADA could break the $1 resistance, with crypto analyst Dan Gambardello predicting that ADA could rise to between $1.4 and $1.5 if it can break out from the $0.8 price range.