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Technicals Are Bearish as ADA’s Price Rests on 9-Day Support

Published 2023-01-20, 05:17 a/m
Technicals Are Bearish as ADA’s Price Rests on 9-Day Support

Coin Edition -

  • ADA’s price has risen 0.63% over the last 24 hours.
  • The altcoin is trading in the middle of a weekly price channel.
  • Technical indicators suggest that ADA’s price will fall in the next 24 hours.

The price of Cardano (ADA) has risen slightly over the last 24 hours. According to CoinMarketCap, the price of ADA is up 0.63%. This has pushed ADA’s price up to $0.3351 at press time. As a result, ADA’s price is up 2% over the last 7 days as well.

As expected, the daily trading volume for ADA has dropped 46.74% over the last 24 hours as the business week comes to an end. ADA’s daily trading volume currently stands at $239,885,011.

The post Technicals Are Bearish as ADA’s Price Rests on 9-Day Support appeared first on Coin Edition.

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