The volume of remaining shares is also characterized by volatility. This may indicate an increase in the number of small investors.
Declining trading volume puts the #ADA in a difficult position despite growing interest and activity, which may limit its ability to sustain long-term gains. Declining trading volumes are putting the ADA in a difficult position despite growing interest and activity, which may limit its ability to sustain long-term profits. However, if current trends continue, ADA could target the $1.20 resistance level in the coming weeks. Overall, #Cardano #blockchain indicators point to a dynamic change in investor activity and that confidence in the asset is growing again.
To fully capitalize on this momentum, the blockchain and the asset will need stable volume and more market support; support at $1.00 and resistance at $1.20 are key points on ADA's price trajectory that investors should keep an eye on.
Arman Shirinyan is a trader, crypto-enthusiast and SMM expert with over four years of experience.
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