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05 March 2021

Cardano (ADA) Price Analysis: Why Dips Remain Attractive Below $1 | Live Bitcoin News

Cardano (ADA) Price Analysis: Why Dips Remain Attractive Below $1 | Live Bitcoin News


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There was also a spike below the $0.9500 support level and the 55 simple moving average (4-hours).

It is now trading nicely above the $0.9500 support and the 55 simple moving average (4-hours).

There was a break above the 50% Fib retracement level of the downside correction from the $1.19 high to $0.8369 low.

A clear break above the $1.10 resistance is must for a fresh increase towards the $1.20 and $1.25 levels in the near term.

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