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Most coins will continue to rise according to CoinMarketCap ranking.
ADA/USD
Cardano (ADA) price is up 1.42% in the last 24 hours.
On the hourly chart, Cardano (ADA) price is trading near the $0.3412 resistance level after the false breakout of the $0.3338 support.
If the bulls can hold the gained initiative, the climb could continue into the $0.35 zone tomorrow.
On the broader timeframe, Cardano (ADA) is not looking as bullish as the price is far from the $0.3697 resistance level. However, if today’s bar closes above yesterday’s high at $0.3430, growth could soon resume to $0.36.
On the daily chart against Bitcoin (BTC), the price is attempting to maintain yesterday’s gains. However, the bulls may not have accumulated enough strength to reverse the trend. In this case, the more likely scenario is sideways trading in the 0.000016-0.000001630 range.
ADA is trading at $0.3412 at press time.
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