Cardano Price Crash Potential Recovery
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Cardano price performanceCoinGape
•Business
Business & Economics
Cardano Price Crash Triggers On-Chain Buy Signal, What's Next?

67% Informative
Cardano ( ADA ) has crashed by 10% in seven days and has been overtaken by Tron (TRX) in market cap ranking.
A double-bottom pattern on the monthly chart hints towards a potential recovery in price to $ 3.10 if ADA overcomes resistance at $ 0.80 .
The 30-day MVRV ratio has plunged to a level that has often signalled a potential reversal in trend from bearish to bullish.
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