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CARDANO PRICE ANALYSIS & PREDICTION (January 12) –ADA Recovers 8% as Bears Take a Break, is Bigger Drop Ahead?

  • ADA joined the market recovery, but the sustainability of the bullish trend is uncertain.
  • The price of ADA is currently recovering, but it is unclear if the gains will last.
  • A climb back above this week's high could indicate market strength, but the commitment from bulls is low.
  • The recent price recovery could be a potential bearish trap, with a possible major retracement in the next few days.

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