Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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May / 31
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- Cardano Critical Support Alert: Will ADA Break $0.525?
- May 31, 2024 at 07:49 am Crypto News Land
- Cardano (ADA) faces critical support at $0.458. If this support fails, prices may decline further to $0.420. Resistance levels stand at $0.525 and $0.592. Technical analysis indicates a bearish trajectory, trading below key Exponential Moving Averages (EMAs) and Fibonacci levels. On-chain data shows declining user engagement, with decreasing daily active addresses and new entrants not holding onto their ADA.
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