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Cardano Drops 4.68% Despite Strong Rally Amid Bullish Outlook

  • Cardano's native cryptocurrency, ADA, experienced a 4.68% dip in the past 24 hours, despite showing strong bullish momentum recently.
  • Positive MACD crossover and RSI at 61.60 indicate a bullish outlook, with potential for further upward movement in the short term.
  • ADA is currently priced at $0.7949, with a market capitalization of $28.07 billion and trading volume surging by 85.15% in the last 24 hours.
  • Traders should monitor for any divergence in MACD or RSI drop, which could signal a correction phase before a sustained rally for ADA.

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