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FX.co ★ Technical Analysis of Intraday Price Movement of Cardano Cryptocurrency, Wednesday May 31, 2023.

Technical Analysis of Intraday Price Movement of Cardano Cryptocurrency, Wednesday May 31, 2023.

Technical Analysis of Intraday Price Movement of Cardano Cryptocurrency, Wednesday May 31, 2023.

On the 4 hour chart, there is a deviation of Cardano Cryptocurrency between price movement with MACD indicator where this things confirmed that Cardano has the power to appreciate rally upward where currently is trying to test the level of 0,37817. However, if on the way to those level suddenly Cardano corrected below the level of 0,36771, then the upward movement will be held and the increase scenario will become invalid.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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