Altcoins News
By Dan Saada
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Cardano is completely bearish. The ADA token has recorded a fresh 90-day low. Over the past 24 hours, the price went down by over 10%.
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The Bitcoin is trading below $7,000, and this has influenced the rest of the tokens in the cryptocurrency market.
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The ADA/USD price has been closely monitored over the past six months. It has been observed that the coin has been moving towards a continual downtrend.
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The bearish outlook of the ADA was also evident from the one-month trading picture. The Elliot waves have been showing waves for the past 300 days.
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The support likes are utterly inactive. The moving averages of all major cryptocurrencies are trending at $0.0351, $0.0372, and $0.0401, respectively.
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Meanwhile, in terms of their project development, Cardano is unstoppable. Charles Hoskinson stated that the balance check for the Cardano Shelley test net was…
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Of all the ambitious plans, the upcoming Cardano Work Shop on December 02 is the 2020 roadmap. Hoskinson stated that Shelly and Goguen might be launched at the same time.
The Currency Analytics
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