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news-imageDecember 21, 2024

Cardano Enters ‘Opportunity Zone' as MVRV Ratio Signals Potential Bottom

Cardano price drops 7% as MVRV ratio hits -15% Historical opportunity zone between -13% and -26% suggests reversal potential Critical $0.87 support level key for maintaining bullish outlook
Publisher: TheNewsCrypto
Sentiment: Positive
ADA

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cover-imageCoinPedia
December 20, 2024

$164 Million Cardano (ADA) Outflow, Buy Opportunity?

ADA, the native token of the Cardano blockchain, has gained significant attention from crypto enthusiasts despite its recent price decline. The altcoin has experienced a price drop of over 30% in the past 48 hours. However, with rising interest from long-term holders and Binance traders, its price appears to be recovering.

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cover-imageCryptoGlobe
December 19, 2024

Why is Cardano (ADA) Down Today?

The cryptocurrency market has endured a significant downturn that wiped around $300 billion from its total market capitalization amid a wider sell-off in risk assets after the Federal Reserve cut interest rates by 25 basis points and signaled a more hawkish stance.

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cover-imageUToday
December 19, 2024

Cardano's ADA Plunges Under $1, But Whales Are Still All In

Cardano (ADA), the ninth largest cryptocurrency by market cap, has dipped below the $1 mark amid a broad market sell-off, which triggered $788 million in liquidations across various crypto assets in the last 24 hours. However, on-chain data suggests that whales may be seizing the opportunity to accumulate.

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