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Cardano Price Prediction: Key Support Bulls Must Defend to Stay Bullish

source-logo  coingape.com 19 January 2024 23:03, UTC

Cardano Price Prediction: Cardano (ADA) has been experiencing a corrective phase for the past three weeks, largely influenced by the broader market’s uncertainty, especially around the Bitcoin ETF launch. From a recent high of $0.677, the ADA price has fallen by approximately 30%, currently trading around $0.497. Despite this downturn, there is a silver lining: the formation of a Bullish Reversal Pattern Token. This suggests a potential opportunity for buyers to re-ignite the coin’s recovery trend.

coingape.com