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Cardano Price Forms Double Bottom Pattern. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest market trends Cardano news, Cardano price chart news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Cardano Price Double Bottom Pattern HintsCoinGape
•Business
Business & Economics
73% Informative
The Cardano price is showing bullish signals as analysts identify a potential double-bottom pattern on its weekly chart.
$ 0.70 as a key support level, which, if maintained, could drive the altcoin price toward the $ 1.00 mark.
The pattern reflects a period where the price has tested a lower boundary twice, signaling that buyers are stepping in at key support levels.
ADA whales have remained confident by buying 40 million ADA , which indicates that institutional investors are beginning to invest.
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