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Cardano Price Prediction: Weakness After Break Below $0.750 Ahead of ETF Decision
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Cardano Price Prediction: Weakness After Break Below $0.750 Ahead of ETF Decision

Cardano price has been trending sideways in recent days, with an evident struggle to break above $0.770. Despite the struggles, there is an underlying optimism over ADA price prospects, with a vital ETF ruling expected later this week. Its daily transaction numbers have climbed from 30,000 to 50,000 since the start of May, affirming rising investor interest. The crypto coin has formed an inverse head and shoulders pattern on the daily chart, hinting at a potential bullish breakout if it […]

last Wednesday at 3:32 PM

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Cardano Price Down Again On Broader Market Decline. Here's The Way Back Up
Cardano Price Down Again On Broader Market Decline. Here's The Way Back Up

The global cryptocurrency market declined on Thursday as profit-taking reigned. Cardano price was down by 5.2% at the time of writing, taking cues from the broader market, including bellwether, Bitcoin, which was down by more than 1%. Despite the correction, there remains an underlying bullish momentum, with the CoinMarketCap Fear and Greed Index at 71 and still reading “Greed”. Cardano has gained 10% in the last week, but is currently on course to register its second successive loss on the […]

05/15/2025

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Cardano Price Finds $0.700 Support to Strengthen Upward Traction
Cardano Price Finds $0.700 Support to Strengthen Upward Traction

Cardano price stayed up for the second successive session on Friday, trading at $0.714 at the time of writing after rising by 1.4% on the daily chart. The coin has struggled to build upward momentum in the last week, having declined by 0.5% in that period. However, the uptrend will likely stay in play in the near-term going by the 8.5% spike in the trading volume in the last 24 hours. In addition, the Moving Average Convergence Divergence (MACD) indicator […]

05/02/2025

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Cardano Price Prediction: ADA Risks Breakdown as Bulls Lose Grip on $0.65
Cardano Price Prediction: ADA Risks Breakdown as Bulls Lose Grip on $0.65

Cardano (ADA) kicked off April on shaky ground, with the price slipping below the $0.68 zone and hovering dangerously close to key horizontal support at $0.6529. The sell pressure that dominated late March appears far from over, as volume thins out and momentum indicators point to more downside ahead. ADA has now failed to post a higher high since mid-March, and the MACD on the daily chart shows a shallow but persistent bearish crossover. The Relative Strength Index (RSI) reads […]

04/01/2025

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