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Can Cardano (ADA) Stage a Comeback After the 8% Decline?
- Cardano (ADA) has experienced an 8% decline, falling to $0.9988.
- The trading volume of ADA has surged by over 100%.
- The bearish sentiment is reflected in the technical indicators, with RSI nearing oversold territory and the MACD indicating a potential downtrend.
- If ADA breaks the $1.0124 level, it could rally towards the crucial resistance level at $1.05 and potentially reach new highs.
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