Cardano: DRep Votes NO With 70.4M ADA on TOKEN2049 Upgrade

Cardano DRep @ItsDave_ADA cast a NO vote using 70.4 million ADA against the treasury withdrawal for the TOKEN2049 Singapore 2026 Top-Up Title Sponsorship Upgrade, citing his prior rejection of the baseline proposal.

ADA trades at $0.21 inside the lower Bollinger Band with EMA50 at $0.23 and EMA200 at $0.24 acting as firm resistance; the MACD death cross at -0.01 combined with RSI at 32.81 points to continued bearish pressure that could extend the recent six-month downtrend before any relief in ADA price prediction scenarios.