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Can Cardano Price Hold $0.55 or Is $0.40 Next?
- Cardano (ADA) price is struggling to hold ground amidst shaky market sentiment.
- Traders are unsure if ADA has found its floor at $0.55 or if it might decline to $0.40.
- ADA's daily chart indicates a downtrend, testing key Fibonacci retracement levels and pivot points.
- RSI suggests ADA is nearing oversold territory, with potential for a bounce back if it holds $0.55.
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