Cardano (ADA) Price Prediction for July 31
Main Idea
The article discusses the current price performance of Cardano (ADA), noting a recent decline and potential future movements based on technical analysis.
Key Points
1. The price of Cardano (ADA) has fallen by 2.43% since yesterday.
2. On the hourly chart, ADA's rate has fixed below the support level of $0.7622.
3. If the daily candle closes below $0.7622, the price might move toward the $0.70 zone.
4. From a midterm perspective, ADA's rate is far from key levels.
5. ADA is trading at $0.7578 at press time.
Description
Has rate of Cardano (ADA) reached the reversal zone yet?
$ADA
$0.7338
-3.01%
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