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ADA Price Prediction: ADA coin price has recently experienced a notable decline from a high of $0.68. This decline has resulted in a wedge pattern on the daily chart. However, the recent correction in the cryptocurrency market has resulted in a bearish breakdown in the Cardano price pattern. ADA price crossed the long-term support trendline and broke through the psychological support level of $0.50. During this correction phase, bears tested the bullish resilience of the $0.40 support area. Moreover, the recent price rejection on the daily candle warns that the bearish trend will continue. A break below $0.40 could drop the altcoin price to $0.35. Optimistically, a bullish reversal of the support trendline could push ADA price above $0.50 and reach $0.55. #美国4月CPI数据回落 #PEPE创历史新高 #Meme币你看好哪一个? #BTC走势分析 #Megadrop More detailed bull market strategy market analysis! Get real-time information in advance, click on my profile picture, Follow me. My bull market strategy and internal information of the cryptocurrency circle are shared with all fans for free!

ADA Price Prediction:

ADA coin price has recently experienced a notable decline from a high of $0.68. This decline has resulted in a wedge pattern on the daily chart. However, the recent correction in the cryptocurrency market has resulted in a bearish breakdown in the Cardano price pattern.

ADA price crossed the long-term support trendline and broke through the psychological support level of $0.50. During this correction phase, bears tested the bullish resilience of the $0.40 support area. Moreover, the recent price rejection on the daily candle warns that the bearish trend will continue.

A break below $0.40 could drop the altcoin price to $0.35. Optimistically, a bullish reversal of the support trendline could push ADA price above $0.50 and reach $0.55.

#美国4月CPI数据回落 #PEPE创历史新高 #Meme币你看好哪一个? #BTC走势分析 #Megadrop

More detailed bull market strategy market analysis! Get real-time information in advance, click on my profile picture,

Follow me.

My bull market strategy and internal information of the cryptocurrency circle are shared with all fans for free!

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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