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Is now the worst or best time to buy Cardano (ADA)? What data says

Summary by Invezz

Cardano’s (ADA) price struggled to mount any notable rally since dipping below the $1. This has sparked debate about its rebound potential and whether the recent prices are the actual bottom. Should you buy ADA now or avoid it like a plague? Here is what the data says. Cardano price analysis: is ADA a buy or avoid now?Though the Cardano (ADA) price has lately faltered, plummeting to as low as $0.71, there is more to this story than first seems. …

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CryptoPotato

200,000,000 ADA: Will Cardano's Price React to the Whales' Selling Spree?

TL;DR Large investors parted with over $136 million worth of ADA last month. Despite that, the asset’s price remains slightly in the green on a 30-day scale, posting a modest 2% gain. ADA Whales Sold Amid the Turbulence Cardano’s ADA was among the cryptocurrencies witnessing the biggest volatility throughout March. The price exploded above $1.10 at the start of the month when US President Donald Trump confirmed the news about a crypto reserve i…

2 days ago

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InvestingCube

Cardano Price Prediction: ADA Risks Breakdown as Bulls Lose Grip on $0.65

Cardano (ADA) kicked off April on shaky ground, with the price slipping below the $0.68 zone and hovering dangerously close to key horizontal support at $0.6529. The sell pressure that dominated late March appears far from over, as volume thins out and momentum indicators point to more downside ahead. ADA has now failed to post a higher high since mid-March, and the MACD on the daily chart shows a shallow but persistent bearish crossover. The Re…

2 days ago

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Invezz