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Cardano Faces Critical Test at $0.85 as Multiple Indicators Flash Warning Signs

  • Cardano's price decline reflects a broader shift in market confidence and participation.
  • Multiple technical indicators signal deteriorating market sentiment for Cardano.
  • The Price DAA Divergence indicator triggers a sell signal, indicating a decline in ecosystem vitality.
  • The Chaikin Money Flow indicates sustained capital outflows from ADA.

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