CandleFocus Cardano Forms First 2024 Golden Cross, What's Next?
2024-11-18
Author: Content Editor
Cardano (ADA) recently completed its first golden cross of 2024, where the short-term moving average crossed above the long-term moving average, indicating potential upward momentum for the cryptocurrency. This comes after an eight-month downturn and a recent price reversal. ADA has seen significant gains in recent weeks and may continue to challenge resistance levels. However, it is important to consider broader market conditions and macroeconomic developments that could impact ADA's performance in the future.
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