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Cardano price prediction: A bounce to $0.432 could commence soon IF… Ambcrypto 01 Aug 2024

Cardano price prediction: A bounce to $0.432 could commence soon IF… 📈

Cardano's price trend has been dominated by bears recently. However, there is a possibility of a trend reversal, leading to a bullish rebound to $0.432. This optimistic scenario for ADA hinges on Bitcoin maintaining its critical $64,000 support zone. If Bitcoin can defend this support, it will help ADA recover from its bearish phase. Investors and traders should keep an eye on Bitcoin's performance as it could trigger the anticipated rebound for Cardano.

Source: ambcrypto.com ↗

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