Cardano Price Prediction: ADA Plummets To $1 But Colossal Recovery In The Offing

• Cardano price dives to the years’ last line of defense and most formidable support at $1.
• The formation of a double-bottom pattern points toward potential recovery to $1.5.

Cardano bled profusely alongside other cryptocurrencies in the market on Monday and Tuesday. The losses are likely to have come into the picture amid the bullish camp’s exhaustion. In other words, buyers feel unrewarded for the effort put into the market.