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Renowned crypto analyst Alan Santana has provided a detailed analysis of Cardano (ADA) price movement, forecasting a significant drop before a potential bullish surge. According to Santana, the ADA/USDT pair, which has been a staple for many traders over the years, could see a notable decrease in value before rebounding. Critical Levels Identified for ADA: […]
Cardano (ADA) is tracing a downward trajectory within a medium to long-term trend channel. This pattern reflects a consistent trend of investors selling at progressively lower prices, indicating a negative sentiment toward the currency’s development. Moreover, the moving average indicator has provided a bearish signal, suggesting a continuation of this downward trend. Notably, the currency has breached a […]
Cardano (ADA) is on a positive price trajectory after several weeks of volatility and downward pressure triggered by a huge sell-off in the overall market and macro factors that caused fear among market participants. As of now, the overall market has turned from bearish to bullish with the recent BTC surge. ADA is one of […]
Cardano (ADA) is showing signs of strength, holding above a critical support level despite recent market volatility. With a potential breakout on the horizon, traders are closely watching ADAs next move as bullish signals emerge. Cardano Defends Crucial Support, Is a Rally Incoming? ADA has dropped 7% over the past week, mirroring the broader crypto […]
Cardano (ADA) is experiencing a strong rally, riding the bullish wave alongside the broader crypto market. A key catalyst behind this surge is the recent statement from Federal Reserve Chairman Jerome Powell, who announced a significant reduction in Quantitative Tightening (QT) and hinted at a gradual return to Quantitative Easing (QE) levels. This dovish stance […]
Cardano (ADA) is demonstrating resilience despite experiencing a 12% decline over the past week. The cryptocurrency has successfully held above a crucial support level, signaling the potential for a recovery and a bullish continuation towards higher price targets. At the time of writing, Cardano is trading at $0.985736, with a 24-hour trading volume of $1.82 […]
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