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Cardano priceCoinGape
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61% Informative
Analyst says Cardano price is “bottoming out”, but there are no buy signals.
Analyst Sam Mti noted that the ADA price could be bottoming out on the weekly after hitting a two-year low.
ADA price action seems to be consolidating after hitting the bottom, which is a classic sign of accumulation.
If the accumulation pattern continues, we can expect a breakout above the $ 0.42 level, which could lead to a bullish rally.
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VR Score
37
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21
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46
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formal
Language
English
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39
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Attention-grabbing headline
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Time-value
short-lived
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3
Source diversity
3
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