Cardano (ADA) price has been rebounding after falling to its worst levels since February 2021. Meanwhile, a technical fractal suggests that ADA's upside retracement could continue in the coming weeks.

ADA's price has started bouncing after testing the same support area that preceded a 65% bull run in March 2022.

ADA/USD three-day price chart. Source: TradingView ADA/USD three-day price chart featuring rebound target. Source: TradingView Cardano 1M to 10M ADA whales supply. Source: Santiment ADA/USD daily price chart featuring key technical upgrades. Source: TradingView