Cardano Price Prediction: Can ADA Reclaim $0.19 After a Leverage-Led Bounce?
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- Cardano price prediction for November 11 stays bearish below $0.1939, with $0.1716 the floor ADA must hold
- Coinglass shows Cardano open interest up 5.61% to $374.76M while futures volume fell 18.15%
- LuckSide Crypto says ADA must choose a direction by Wednesday, with about $0.19 the first level to reclaim
Cardano price prediction for November 11 stays bearish below $0.19, the level ADA needs to reclaim after bouncing from $0.17.
Cardano Price Analysis: Can ADA Reclaim $0.19?
ADA needs a daily close above $0.1939, the 20-day EMA, to turn the short-term trend. Price at $0.1795, up 4.30% over 24 hours per Coinglass, is below all four daily averages, with the 50-day at $0.2079, the 100-day at $0.2109 and the 200-day at $0.2312. It sits about 8% under the 20-day and about 29% under the 200-day.
ADA bounced from $0.171…
Read The Full Article Cardano Price Prediction: Can ADA Reclaim $0.19 After a Leverage-Led Bounce? On Coin Edition.
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