
And now, for the pièce de résistance — the descending triangle. Oof. If you’ve been following Cardano, you’ve probably seen this triangle hanging around like the most predictable plotline. The poor altcoin found itself trapped inside a descending triangle (yawn), and it’s been trading within it for months. According to crypto analyst melikatrader94, this has basically meant a whole lot of suppressed price action, while the altcoin tried (and failed) to break free after the March rally. Basically, it was like a bad reality TV show that just kept dragging on. 🙄