Cardano

Cardano (ADA) has been navigating through a relatively small price range of 44 cents to 30 cents over the past nine months, according to <a href="https://www.youtube.com/watch?v&#61;mNmrk-i-wqo" rel="noopener noreferrer nofollow">Crypto Capital Venture</a>’s video. This limited range has led to frustration among market participants, including the video presenter, who remains bullish on ADA in the long term.The critical factor to monitor is ADA’s position relative to the 20-week Moving Average. While ADA is currently below this moving average, a convergence of moving averages is considered a positive development. The speaker highlighted the importance of ADA reclaiming and maintaining a position above the 20-week moving average as a key milestone.The analysis acknowledged the possibility of a downside scenario, with support levels around 35 cents and a potential target of 28 cents if support fails. This downside movement, if it occurs, could result in a total decline of almost 30% from the current levels.Read full article at <a href="https://cryptotale.org/cardanos-price-range-evokes-frustration-among-investors/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Cardano’s Price Range Evokes Frustration Among Investors

CryptoTale

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