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Cardano Price Analysis: Can ADA Rally to $1 After Downside?

source-logo  coingape.com 08 July 2024 09:10, UTC

Cardano price analysis: The price of ADA decreased by 4.5% in the last 24 hours to trade around $0.351 during European business hours on Monday. The price drop invalidates a previous bullish pattern on the Cardano chart. If Bitcoin behaves, ADA bulls may save the price before incurring further downside.