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<ul class="news-points"> 
 <li><strong>Crypto analyst tweeted that the TD sequential indicator gave out sell signals for Cardano.</strong></li> 
 <li><strong>ADA makes its weekly lowest price of $0.2856 but manages to recover well.&nbsp;</strong></li> 
 <li><strong>Cardano could reach $0.41 as per the best practice of trading the symmetrical triangle.</strong></li> 
</ul> 
<p>A crypto analyst tweeted that the Tom Denmark (TD) sequential indicator was giving out a sell signal for Cardano on the daily chart. This shows that ADA’s uptrend could come to an end very soon, as ADA could retest the $0.3 support level.&nbsp;&nbsp;</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Cardano</a> | The TD Sequential presents a sell signal on <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ADA</a> daily chart, anticipating a correction that could see <a href="https://twitter.com/hashtag/ADA?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#ADA</a> retest the $0.30 support level. <a href="https://t.co/0tEvfkcpmO" target="_blank" rel="nofollow">pic.twitter.com/0tEvfkcpmO</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1721832817129115914?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 7, 2023</a>
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<p>When looking at the price action of Cardano for the past seven days, it could be noted that it was making higher highs and high lows. It was trading at $0.3013 when the markets opened for sale. After a quick submerge into the opening, ADA started its rise. During this brief fall, ADA registered its lowest price of $0.2856 on the first day itself. ADA reached its highest price of $0.3753 on the seventh day of the week.&nbsp;</p> 
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   <em>ADA/USD 7-Day Chart (Source: <a href="https://coinmarketcap.com/currencies/cardano/" target="_blank" rel="nofollow">CoinMa…</a></em>
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<p>The post <a href="https://coinedition.com/cardanos-uptrend-hampered-by-correction-will-it-test-0-3-support-level/">Cardano’s Uptrend Hampered by Correction, Will It Test $0.3 Support Level?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Cardano’s Uptrend Hampered by Correction, Will It Test $0.3 Support Level?

Coin Edition

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