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Cardano (ADA) Price Reclaiming $0.40 Would Save $3 Billion Worth of Profits   Beincrypto 02 ago 2024

Cardano (ADA) Price Reclaiming $0.40 Would Save $3 Billion Worth of Profits   📉

Cardano's (ADA) price has faced volatility since June, generally trending bearish. Investors hope for a recovery to prevent nearly $3.3 billion in losses. The GIOM indicator shows 3.7 billion ADA at a loss, bought between $0.39 and $0.41. Another 5 billion ADA, bought at $0.36 to $0.39, is at risk of loss if prices drop further. Currently trading at $0.38, ADA risks falling below $0.36, causing significant investor losses. Only 3% of active addresses are profitable now, and further selling could exacerbate the price decline. A critical support level is at $0.37; losing it could drop ADA to $0.34. However, reclaiming $0.40 could push the altcoin upwards, recovering losses.

Fonte: beincrypto.com ↗

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Cardano (ADA) Faces Potential Challenges in Surpassing $0.39 Amid Supply Zone Resistance
Cardano (ADA) On-Chain Metrics Signal Potential Bullish Reversal Amid Current Downtrend Coinotag 11 ago 2024
Cardano (ADA) On-Chain Metrics Signal Potential Bullish Reversal Amid Current Downtrend
Could a Rise in ADA Price Potentially Address Cardano’s Ongoing Challenges? Coinotag 13 out 2024
Could a Rise in ADA Price Potentially Address Cardano’s Ongoing Challenges?
Cardano (ADA) Price Outlook: Market Resistance and Recent Sell-Offs May Limit Recovery Potential Coinotag há 2 semanas
Cardano (ADA) Price Outlook: Market Resistance and Recent Sell-Offs May Limit Recovery Potential
Cardano (ADA) Faces Mixed Predictions Amid Governance Milestone and Network Growth Coinotag 01 out 2024
Cardano (ADA) Faces Mixed Predictions Amid Governance Milestone and Network Growth
Cardano Price Faces Bearish Outlook Despite Hydra Update 0.18.0 Release Coinotag 10 ago 2024
Cardano Price Faces Bearish Outlook Despite Hydra Update 0.18.0 Release
Cardano (ADA) Recovery Hinges on Crucial $0.3 Support Amid Market Fluctuations Coinotag 08 ago 2024
Cardano (ADA) Recovery Hinges on Crucial $0.3 Support Amid Market Fluctuations
Cardano’s Price Levels at $0.2 and $1.99: Potential Impacts on Market Activity and Future Breakouts Coinotag há 3 dias
Cardano’s Price Levels at $0.2 and $1.99: Potential Impacts on Market Activity and Future Breakouts
Could Cardano (ADA) Face Resistance at $0.39 Amid Rising Selling Pressure and Profit-Taking? Coinotag 15 out 2024
Could Cardano (ADA) Face Resistance at $0.39 Amid Rising Selling Pressure and Profit-Taking?