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Cardano Price Eyes $0.81 High as MVRV Ratio Signals Potential Rebound

Cardano Price Eyes $0.81 High as MVRV Ratio Signals Potential Rebound


CoinGape
2024-04-20 00:05:50

The pre-halving consolidation in Bitcoin continues to drive a sideways action in top altcoins including Cardano. The daily chart projecting candles with short-bodied and higher wicks indicates no clear dominance from buyers or sellers. However, the ADA price hovering above the confluence of key support indicates the asset is well positioned for a bullish bounce. The post Cardano Price Eyes $0.81 High as MVRV Ratio Signals Potential Rebound appeared first on CoinGape .


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