Can ADA withstand the ongoing bearish pressure? CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io CardanoCommunity
The price of Cardano has followed the drop of Bitcoin , going down by 1.32%.DOGE and SHIB Price Analysis for December 27
If a breakout occurs, the fall may continue to the $0.34 zone, as enough energy has been accumulated for that. The situation has not changed on the daily time frame, as the price is far from the support and resistance levels. Further growth is possible only if bulls return the rate to the $0.38 mark and fix above it.
The price keeps trading sideways on the daily chart against Bitcoin , accumulating power for a further sharp move. As neither buyers nor sellers have seized the initiative yet, continued consolidation in the range of 0.00001250-0.00001350 is the more likely scenario for the next few days.
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