Key Metric Signals Cardano (ADA) Price Setting Up For A Run-Up

Cardano (ADA) price is consolidating at the $0.50 level since the start of August, indicating market indecisiveness. The crypto markets are struggling to recover from the damage of the Crypto Winter in the past month. The relief rally of July appears to have come to a hiatus. Nonetheless, a recent wave of wild accumulation of Cardano (ADA) addresses could push the asset above its level if sustained.