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Bearish Pattern Puts Cardano Coin At A Risk Of Longer Correction

Posted on February 24, 2023 By No Comments on Bearish Pattern Puts Cardano Coin At A Risk Of Longer Correction

The Cardano coin’s price has fallen twice in the last five weeks from $0.42 resistance. These rejections indicate that sellers are continuing to defend the level and encourage further decline. The daily chart also revealed the formation of a bearish pattern known as double top, which offers entry opportunities for interested parties.
CoinGape’s first article, “Bearish Pattern Places Cardano Coin at Risk Of Longer Correction” appeared first on CoinGape.

 

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