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Cardano Price Prediction: ADA Bears Hold Control as Hoskinson Questions CLARITY Act Odds


by Maxwell Mutuma
for CoinEdition
Cardano Price Prediction: ADA Bears Hold Control as Hoskinson Questions CLARITY Act Odds

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  • ADA breaks range support, shifting bearish as sellers defend the former floor.
  • Oversold RSI and bearish MACD warn weakness may persist despite nearby demand zones
  • Stable open interest with net spot outflows shows leverage stays active, sellers lead

Cardano price slipped into a weaker zone after ADA broke below its recent trading range on the 4-hour chart. The move pushed ADA toward $0.364 on Kraken, and it raised fresh concerns about whether buyers can regain control in the near term. 

ADA Breaks Key Support as Bears Hold Control

ADA previously traded inside a tight range, with support near $0.386 and resistance around $0.405 to $0.410. However, sellers forced a sharp breakdown, and price failed to recover the former floor quickly. Consequently, the drop shifted the short-term structure into a downtrend, with bulls now needing to defend lower levels.

The firs…

Read The Full Article Cardano Price Prediction: ADA Bears Hold Control as Hoskinson Questions CLARITY Act Odds On Coin Edition.

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In This News

Coins

$ 0.369

-5.85%

Funds

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In This News

Coins

$ 0.369

-5.85%

Funds

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Cardano Price Prediction: ADA Bears Hold Control as Hoskinson Questions CLARITY Act Odds


by Maxwell Mutuma
for CoinEdition
Cardano Price Prediction: ADA Bears Hold Control as Hoskinson Questions CLARITY Act Odds

Share:

  • ADA breaks range support, shifting bearish as sellers defend the former floor.
  • Oversold RSI and bearish MACD warn weakness may persist despite nearby demand zones
  • Stable open interest with net spot outflows shows leverage stays active, sellers lead

Cardano price slipped into a weaker zone after ADA broke below its recent trading range on the 4-hour chart. The move pushed ADA toward $0.364 on Kraken, and it raised fresh concerns about whether buyers can regain control in the near term. 

ADA Breaks Key Support as Bears Hold Control

ADA previously traded inside a tight range, with support near $0.386 and resistance around $0.405 to $0.410. However, sellers forced a sharp breakdown, and price failed to recover the former floor quickly. Consequently, the drop shifted the short-term structure into a downtrend, with bulls now needing to defend lower levels.

The firs…

Read The Full Article Cardano Price Prediction: ADA Bears Hold Control as Hoskinson Questions CLARITY Act Odds On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.369

-5.85%

Funds

Share:

In This News

Coins

$ 0.369

-5.85%

Funds

Share:

Read More

XRP Price Prediction: XRP Price Weakens as Derivatives Cool and Spot Flows Stay Negative

XRP Price Prediction: XRP Price Weakens as Derivatives Cool and Spot Flows Stay Negative

XRP is flashing warning signs on the 4-hour chart after a sharp rally lost steam near...
Bitcoin Cash Price Prediction: Ascending Channel Holds As BCH Tests 50 EMA Support

Bitcoin Cash Price Prediction: Ascending Channel Holds As BCH Tests 50 EMA Support

Bitcoin Cash price today trades near $589.35 as sellers press the 50-day EMA after a ...