CandleFocus Analyst Says Cardano Price Is "Bottoming" After Hitting Two-Year Low
2024-10-18
Author: Content Editor
The Cardano cryptocurrency has been experiencing a downward trend since its peak in August 2021, with its current trading price at $0.347. However, market analysts believe that Cardano's price could be forming a long-term bottom, potentially signaling a reversal and the beginning of a bull market. It's important for investors to be cautious, though, as Bitcoin's resistance level of $67,000 could impact altcoin movements.
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