Can ADA bounce back from current levels? CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io
Despite the growth, Cardano has bounced off the local support level at $0.3481, which means that buyers might seize the initiative. If the rate reaches the $0.37 mark, the breakout of the resistance at $0.3749 might happen soon.
On the daily chart, Cardano has made a false breakout of yesterday's low at $0.3463. However, if the daily candle closes near the $0.35 mark, one can expect a further downward move to the next zone at $0.34.
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