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#Fantom Struggling To Hold Support And About To Print Strong Bearish Ichimoku Signal đ¨ Fantom's daily chart is one of the most bearish at the moment. The token has been in a strong downtrend since March and is about to approach a decisive moment. Currently, Fantom struggles to hold above a major support level at 0.43. Moreover, the price reaches a corner build of the support level at the long-term downtrend. As a result, it is likely that we will see a breakout soon. Unfortunately, the probability of a drop is much higher than a break out to the top. Here's why: FTM is about to print a bearish Tenkan/Kijun crossover. This crossover is about to happen below the Ichimoku cloud â this is considered an even stronger signal. Besides, the price trades below the Ichimoku cloud, and the future cloud predicts a bearish trend. Overall, three aspects that signal a high risk of further drop. In case of a drop, the next support sits at ~0.35. $FTM #BinanceTurns7
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#Cardano (ADA) Prediction for July 30 #ADA/USD The price of Cardano (ADA) has fallen by 2.63% since yesterday. The rate of ADA is bearish on the hourly chart. If bears' pressure continues, there is a possibility of seeing a further decline to the $0.39 range. On the daily time frame, the price of ADA is about to close far from its peak or low. If it happens, there is a low chance of seeing any sharp moves by the end of the week. From the midterm point of view, bears are controlling the situation on the market. If buyers lose the vital zone of $0.40, the correction is likely to lead to the test of the $0.35 mark. ADA is trading at $0.40 at press time.
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Started another road trip, first stop! #BinanceTurns7
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