$ADA Cardano (ADA) shows a mixed outlook for October 17, 2024. The short-term trend leans bearish as the recent correction has pushed ADA to key support levels around $0.60, with resistance at $0.62 and $0.66. However, technical indicators, such as the MACD, suggest bullish momentum may emerge soon if ADA breaks above these resistance points. If the price falls further, it could test support near $0.57.
The sentiment remains cautious for today, with potential volatility as the market digests recent corrections across the crypto space.
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