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Cardano Price Breaks Out Of Prolonged Bearish Trend Toward $0.7, Here’s The Next Target

  • Cardano (ADA) has broken free from its bearish trend on the 4-hour chart, indicating a potential trend reversal.
  • Cardano's price action held up better than other cryptocurrencies during the recent decline.
  • The next significant challenge for Cardano is to reach the golden pocket and Fair Value Gap (FVG) zone around $0.72.
  • If Cardano can break through this zone, it may lead to further upside beyond $0.7; otherwise, a pullback to $0.65 may occur.

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