For Cardano (ADA), buyers have emerged to counteract sellers who have driven the price down to an intraday low of $0.2728. Due to the strong market sentiment, the price has increased to $0.2775, a 0.85% increase.
Market value gained as a consequence of this bullish dominance, but 24-hour trading volume has declined by 38.93% since its high. This might signal that investors are treading carefully and cashing out their positions as the price rises. Additionally this might mean that the market is about to undergo a phase of consolidation, with prices leveling out.
The post Positive Trend in ADA Likely to Persist as Bulls Power Triumphs appeared first on Coin Edition.
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Source: Cryptocurrency - investing.com
