Cardano Rebound 2.02% Despite Bearish Death Cross
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币界网报道：Cardano (ADA) rebounded 2% to $0.38 despite forming a bearish death cross pattern on its daily chart, where the 50-day moving average crossed below the 200-day moving average. Analysts remain cautious as ADA faces resistance at $0.40, with support near $0.35. The token's trading volume surged 15% to $250 million, indicating heightened market activity. While some traders see potential for further gains if ADA breaks the $0.40 resistance, others warn the death cross could signal extended downside risk. The broader crypto market showed mixed performance, with Bitcoin hovering around $26,000.
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