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Cardano Eyes $0.3389: Can Bulls Sustain ADA Above This Critical Level? Newsbtc 10 авг 2024

Cardano Eyes $0.3389: Can Bulls Sustain ADA Above This Critical Level? 📉

Cardano (ADA) is nearing a crucial support level at $0.3389. Recent trading sessions show ADA's price fluctuating around this mark, causing concern among investors. A successful defense of $0.3389 may signal bullish momentum, while a breach could lead to further declines. With market indicators suggesting bearish trends, the bulls might still reclaim control temporarily. The 4-hour Composite Trend Oscillator hints at an overbought zone, suggesting a potential reversal. Conversely, if $0.3389 fails, ADA might drop further to $0.2388 or lower.

Источник: www.newsbtc.com ↗

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