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Cardano Price Analysis: What's Next For $ADA Price; $0.3 Or $0.4?

source-logo  coingape.com 26 May 2023 15:23, UTC

Cardano Price Analysis: For the past five months, the Cardano price experienced a sustained recovery amid the formation of a rising channel pattern. The support trendline of this pattern has been offering a strong accumulation zone for buyers to grab this altcoin at discounted value. However, with the increasing volatility in the crypto market, the price breached below the long-coming support indicating the ADA price is poised for a longer correction.

coingape.com