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Holding ADA in your portfolio but don’t want to cut losses? Read this

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.Cardano’s [ADA] recent reversal from the $0.546 ceiling saw a buying pressure renewal from the 200 EMA (green).

Over the last three days, ADA’s descending channel (white) break out in the 4-hour timeframe saw stagnation in the $0.5-$0.51 resistance range.The broader perspective for ADA took a rather neutral stance with a slight edge for buyers.

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