Cardano: 70.4M ADA Backs Tweag Peras Treasury Plan

Cardano delegate @ItsDave_ADA cast a 70.4 million ADA yes vote on the Tweag Core Cardano Infrastructure treasury withdrawal proposal covering 2026-2027, directing funds toward mainnet deployment of Peras v1 for faster finality.

With ADA price at $0.16 inside the Bollinger band, the oversold RSI(14) at 21.71 against the bearish EMA50 at $0.21 and EMA200 at $0.24 creates clear confluence where any bounce should stall at upper band resistance near $0.23 before retesting lower support at $0.15, shaping near-term ADA price prediction in a crypto market crash environment.