Cardano’s (ADA) price falls more than 7% on Thursday.
ADA could expect an upside of 35% from the current levels.
RSI remains in an oversold zone warning against aggressive bids.
The global crypto market wiped out nearly 10% of its value amid the ongoing truce between Russia and Ukraine.

As per the CoinMarketCap, the 24-hour trading volume of the eight largest cryptocurrencies by market cap is being held at $3,152,200,460 with 92% gains.

In a recent update, Cardano Blockchain Insights reported wallets for Cardano’s native currency ADA surpassed the $3 million mark. As per the Electric Capital research report, Cardano nearly doubled its developer base in 2021.