Cardano Crashes to Pre-Bull Run Price of $0.8, Time to Buy?

• Cardano (ADA) price is on a 20% decrease in the last 7 days.
• ADA price is trading at $0.8, a level last seen in early 2021 before its bull run.
• Traders and investors may find this a rare opportunity to make an entry.

The crypto bulls appear to have faltered in their push to reclaim lost territory, as many altcoins are in a huge dip. Among the top ten cryptocurrencies, Cardano (ADA) seems to be hit the most. In fact, ADA saw a 20% decrease in the last 7 days, as per CoinGecko.

But that is not all. ADA price is barely lingering above the $0.8 price, which is a spectacle last seen in early 2021.

Cardano Price Analysis: Time to Buy Now?