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Cardano: Why a 10% hike is NOT impossible for ADA

Press Releases Crypto News AMB-Crypto Cardano: Why a 10% hike is NOT impossible for ADA

Cardano fell beneath the $0.5 support on 8th January.
The bulls were quick to drive a recovery, and some more gains are possible.

Cardano [ADA] has a strong bullish outlook on the lower timeframe price charts. Its recovery from the $0.48 area and the retest of the same as a demand zone was impressive. It set the token up for a rally toward the range highs.

In other news, the launch of the Cardano USDM stablecoin has been postponed. This development could hurt the credibility and value of the project in the eyes of investors.

The H4 order block saw a resounding bullish reaction

Go to Source to See Full Article
Author: Akashnath S

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