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by: xpoolPosted on: May 24, 2025

Cardano Price Drops Below $0.80 as Bears Gain the Upper Hand in Market

Cardano’s price has fallen sharply, dropping below the crucial $0.80 support zone and currently hovering near $0.75. This decline comes after a recent failed attempt to break above resistance at $0.80. Analysts remain cautious about the short-term outlook for Cardano (ADA), with some noting that even though there has been strong historical performance, current market conditions are indicating weakness.

Related posts:

  1. ADA Price Outlook: Cardano Bounces Back Amid Trade War Relief – Is $0.30 Still on the Horizon?
  2. ADA Faces Headwinds: Volume Drops, Bulls Hesitate Near $0.712
  3. Cardano Price Poised for Breakout: Could it Reach $0.88?
  4. ADA Hits New All-Time High, Reaches for $1; DoGE ETF Speculation Boosts Dogecoin
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