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Cardano (ADA) Eyes a Potential Recovery: Can It Bounce Back?

Cardano price started a fresh decline below the $0.3565 zone. ADA is consolidating above $0.3420 and might attempt a recovery wave. ADA price started a downward move below the $0.3520 support level. The price is trading below $0.3500 and the 100-hourly simple moving average. There was a break above a key bearish trend line with…
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Cardano Bullish Pattern Suggests A Breakout – Can ADA Reach $0.54?

Cardano (ADA) is crucial following days of heightened volatility and excitement among crypto investors. While other altcoins have experienced significant pumps, Cardano has yet to see the same breakout, leaving analysts and traders searching for confirmation of a bullish trend.  Despite the lack of a major move, optimism remains high for ADA as market watchers…
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Cardano Whales Move $6 Billion In One Day, Fuel For ADA Price To Reach $0.5?

In an interesting move, Cardano (ADA) has rebounded by almost 4% in the past 24 hours, in what seems to be an uptick in activity among large ADA holders. The price of ADA started the week on a bearish note and spent the majority of the week trending downwards. Particularly, the ADA price fell by…
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Cardano Faces 30% Correction Risk After Drop In Large Holders’ Netflow – Details

Cardano (ADA) is currently trading near its yearly lows after months of underwhelming price action. Since early August, the price has struggled to hold above the crucial $0.36 level. This shift has left ADA in a precarious position, with investors and traders watching for signs of a potential recovery. Data from IntoTheBlock highlights a significant…
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‘Cardano Isn’t Dying’: Charles Hoskinson Defends Project Amid ADA Price Criticism

Cardano founder Charles Hoskinson took X to defend the project from its detractors, arguing that the network has continued to grow and thrive despite the criticism. As ADA’s price falls 2.9%, some analysts warn of the next key level to watch out for. Charles Hoskinson Defends Cardano On Thursday, Charles Hoskinson addressed the adverse response…
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Cardano (ADA) Testing $0.34 Support – On-Chain Data Suggests Price Consolidation

Cardano (ADA) is now at a crucial price level after weeks of intense volatility and uncertainty. Following a dramatic series of price swings—first a 27% surge, then a 20% retrace, then a 10% rise, and now a 7% dip to $0.34—Cardano finds itself at one of its most critical support levels. Holding this level is…
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Cardano (ADA) Could Recover Strongly If It Smashes This Barrier

Cardano price started a fresh decline below the $0.3550 zone. ADA is consolidating above $0.3400 and might attempt a recovery wave. ADA price started a downward move below the $0.3500 support level. The price is trading below $0.3520 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at…
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Cardano (ADA) Struggles: Can Bulls Prevent Further Losses?

Cardano price started a fresh decline from the $0.3850 resistance. ADA is consolidating above $0.3350 and might attempt a recovery wave. ADA price started a downward move below the $0.3550 support level. The price is trading below $0.350 and the 100-hourly simple moving average. There is a short-term bearish trend line forming with resistance at…
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Cardano Completes First Green September Close In 6 Years, What’s The Significance?

Cardano (ADA) completed its first green September in six years as the coin enjoyed a price gain of almost 8%. This is significant as the crypto could enjoy an extended rally in October, leading to more price gains for Cardano. Cardano Records First Green September Cryptorank data shows that Cardano has recorded its first green…
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Cardano (ADA) Faces Risk Of 30% Drop – On-Chain Metrics Confirm A Slow Demand

Cardano has seen a strong 26% surge following the Federal Reserve’s interest rate cuts announcement two weeks ago, boosting optimism across the crypto market.  Analysts and investors are questioning the sustainability of the recent surge. Despite the initial rally, Cardano’s price failed to close above a key resistance level, signaling potential weakness in the uptrend.…
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