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Coin Telegraph
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Why is Cardano price down today?
- Cardano's (ADA) price continues to decline, down 4.5% over the last 24 hours.
- Factors contributing to the downturn include decreasing network activity and declining total value locked.
- Negative funding rates and a weakening technical structure are also impacting ADA's price.
- The next support level to watch for is $0.60, with further interest around $0.5794 to $0.5197.
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