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Cardano [ADA] Battles Bearish Trend: Will Near-Term Volatility Fuel a Bullish Breakout? Coinotag 1 month ago

Cardano [ADA] Battles Bearish Trend: Will Near-Term Volatility Fuel a Bullish Breakout? 📉

Cardano (ADA) faces challenges as it drops below the 200-day Exponential Moving Average (EMA). Short-term fluctuations could offer buying opportunities, even as the Crypto Fear & Greed Index shows 'Extreme Fear' and reflects poor sentiment for Cardano. Improved funding rates suggest reduced selling pressure.

Source: en.coinotag.com ↗

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