Cardano Price Could Still Level Selling Pressure 

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Cardano price could still level selling pressure. A major evolution is currently ongoing in the crypto space, and Cardano cannot afford to be left out. Judging by a lot of traders’ sentiment, one would think Cardano ADA has little to offer.

However, with the recent upgrades and more to come, ADA is on course to return back to the top 5 in the coming days as Cardano looks to be self-governed. While most cryptocurrencies will compete with these tech titans, ADA whale forecasts that Cardano will raise the standard by being entirely P2P decentralised and self-governed.

Cardano Key Levels To  Watch-  November 24

The buyers are currently waging war against selling strength. The bearish setup has been quite dominant for some time.

Cardano Price Could Still Level Selling Pressure 

 

From the mid of November, the Cardaon price value declined from $0.4000 key zone own to $0.3000 key zone. However, we still anticipate a buying tendency to take place so as to change the price direction.

The Relative Strength Index (RSI) is still reacting lower, down to the 25 zone. Sellers are soon ready to be oversold. The buy traders are currently hoping to take the price order back to the $0.3300 key level.

Cardano Key Levels

Resistance Levels: $0.9284 $0.6300, $0.5500
Support Levels: $0.4000 $0.3300, $0.3000

Total Market Capitalization: $14B
Cardano Market Capitalization: $10B
Cardano Volume: $2.6B
Market Rank: #8

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.