The cryptocurrency market is currently experiencing a downturn, with major coins like Bitcoin, Ethereum, Cardano, and XRP seeing price drops. Bitcoin has seen a slight decrease of 0.27% in the past 24 hours, but still shows an overall increase of 2.77% over the last week. Ethereum has dropped to $3,141.78, while Cardano has fallen to $0.9424, although it remains up by 5.47% over the past seven days. XRP is also down slightly, trading at $3.11. In terms of Cardano's price analysis, it is currently trading sideways between the support level of $0.83 and the resistance level of the "golden pocket" Fibonacci area between $1.13 and $1.23. The overall trend for Cardano remains bullish, with the possibility of a move higher if it breaks through the golden pocket resistance. It's important to keep an eye on Bitcoin's price as it can influence the broader crypto market.



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