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CoinGape

Cardano Price Rallied 166% In Q4 2023, Will History Repeat?

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Summary
Nutrition label

60% Informative

Cardano price action hints at a downtrend that has slipped into consolidation.

Technicals support a breakout from sideways movement followed by reversal.

If ADA repeats the 2023’s quarter three history, ADA could come close to retesting $ 1.900 .

Whale groups holding between 1M and 10 M ADA have scooped up 160 million tokens since July 17 .

VR Score

38

Informative language

24

Neutral language

38

Article tone

formal

Language

English

Language complexity

32

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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