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23.12.202206:36 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Cardano Cryptocurrency, Friday December 23, 2022

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With the deviation between Cardano's price movement and the CCI indicator, it indicates the potential for this cryptocurrency to appreciate going forward to the level of 0.26413 as its first target and 0.27989 as its second target, but because Cardano is currently stuck at the level of the Bearish Fair Value Gap area, it seems that the currency This crypto will correct slightly where during the correction the decline is not below the level of 0.24137 because if this level is broken then it is very likely that the upward rally scenario described earlier will cancel itself.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2024

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