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Bullish Correction Efficiently Elevates ADA Price by Over 2.72%

Published 2022-12-23, 08:04 a/m
Bullish Correction Efficiently Elevates ADA Price by Over 2.72%

  • Cardano (ADA) has been on a rising trend in the last 24 hours, according to recent statistics.

  • ADA prices are facing resistance at $0.2623, their intraday high.

  • Technical indicators hint that the bull run may continue if bulls hold the resistance level.

After experiencing a minor downturn during the day, bulls in Cardano (ADA) were able to revert the negative momentum after finding support at $0.2482. This bullish dominance steadily lifted the price until it met resistance at the intra-day high of $0.2623.

Cardano (ADA) price was $0.2594 as of press time, representing a 2.72% increment.

This upward trend was followed by increases in market capitalization and 24-hour trading volume of 2.70% and 51.33%, respectively, to $8,951,124,534 and $211,646,816.

The post Bullish Correction Efficiently Elevates ADA Price by Over 2.72% appeared first on Coin Edition.

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