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CryptoNewsZ 2024-05-03 16:20:08

Cardano stalls at support, eyes higher resistance despite bearishness

Open Interest in Cardano has remained stagnant between $0.68 and $0.447, demonstrating a lack of speculative sentiment in the market. Buyers, however, are looking to push the value for a higher resistance so that the token eventually breaks out at $1. Fibonacci is bearish, and so is the 1-day RSI, with the latter delivering a …

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