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Cardano Fails to Breach Above the Resistance: Has the Inverse ADA Price Rally Back to $0.3 Begun? Coinpedia 27 aug. 2024

Cardano Fails to Breach Above the Resistance: Has the Inverse ADA Price Rally Back to $0.3 Begun? 📉

Recently, the Cardano price rally showed an intriguing movement beyond the interim resistance, suggesting a potential rise above $0.43. However, the increase in volume initially in favour of bulls has now caused significant concerns as prices dropped.

This drop highlighted the growing pressure from the bears. As technical patterns evolve, concerns over the rally's sustainability increase, pointing to a potential decline back to the $0.3 mark.

Sursă: coinpedia.org ↗

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