Cardano Shows Strong Signs Of Recovery According To Avorak AI
Cardano’s recent price movement has driven the attention of enthusiasts. The crypto project shows signs of recovery after falling drastically at the height of regulatory scrutiny. This is despite technical traders sighting a death cross formation on the daily chart that potentially indicates prices are about to fall. The project found its way amid clashes between Binance and the US Securities and Exchange Commission (SEC) when the latter classified ADA as a security. Although the project’s development company IOG denied SEC claims, the news increased selling pressure on ADA until recently, when the token began showing signs of recovery. Is it the Best Time to Buy ADA? Cardano surfaced to…
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