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Technical Analysis of Intraday Price Movement of Cardano Cryptocurrency, Friday July 19, 2024.
Technical Analysis of Intraday Price Movement of Cardano Cryptocurrency, Friday July 19, 2024.
Crypto-currencies
2024-07-19 04:16:06
With the appearance of deviations between the price movements of the Cardano cryptocurrency which made higher - high but on the contrary the Awesome Oscillator indicator made a Higher Low on its 4 hour chart plus confirmation that the Cardano price movement was below the EMA 20 and EMA 50 which all this gives an indication that in time Near this, it has the potential to weaken down to the level of 0.39244, even if the momentum and volatility are supportive, then 0.36954 will be the next target to be aimed at, but all of these weakening scenarios can become invalid and cancel themselves if suddenly there is a strengthening correction that breaks above the level of 0.44831 .
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