
The imminent introduction of Cardano's 'Midnight' sidechain promises enhanced privacy and developer tools, positioning the blockchain as a strong competitor in the crypto space. Despite these positive fundamentals, ADA faces near-term bearish risks amid technical signals and broader market pressures, including geopolitical concerns. Key indicators reveal a possible price correction, but a potential bullish reversal could pave the way for significant upside if critical resistance levels are surpassed.
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Cardano's 'Midnight' Sidechain Launch: Potential Catalyst for Price Volatility
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