ADA

Cardano (ADA) trend analysis

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As Mr. Benjamin would say, this is just dubious speculation based on previous trends/ history. I noticed some similarities before ADA's rally. RSI is closely similar and MACD lines are also close. This analysis is strictly limited to the technical aspect of the chart.

In order for ADA to see some light in the dark here, we will need the 8MA to bounce up from the 200MA. If it crosses below, we could either see a drop to lower support for more accumulation.

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