Cardano (ADA) Consolidates as Bulls Pause: Key Support at $0.28

By Lola Coin Jun 26, 202363Views

After experiencing a substantial increase, buyers in the market are currently pausing as the previously strong bullish momentum comes to a halt. The key support level for Cardano (ADA) is currently at $0.28, while the key resistance levels are at $0.32 and $0.35. The price of ADA has confirmed the significance of the 28 cents support level after buyers were unable to drive the price higher. This pullback is considered normal given the rapid surge in price observed just a week ago. In order to maintain the bullish bias, Cardano needs to hold at this level, otherwise, sellers may regain control of the price movement.

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