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Cardano Price Prediction: ADA is at risk of a massive correction down to $0.43 – FXStreet
Cardano had another major breakout on February 5 jumping by 21% within 12 hours and reaching a new 2021-high at $0.529. However, several metrics show
- Cardano price has hit a new 2021-high at $0.529 but several indicators show it’s poised for a correction.
- The number of old-time ADA holders has dropped significantly over the past year.
- A crucial indicator has flashed several sell signals for Cardano.
Cardano had another major breakout on February 5 jumping by 21% within 12 hours and reaching a new 2021-high at $0.529. However, several metrics show that ADA is now poised for a significant correction.
On the 12-hour chart, the TD Sequential indicator…
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