LEO
@vuongtt
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‘Cardano may be about to outperform Bitcoin’ – The case for ADA’s bull run | Cardano (ADA) may be poised for a breakout against Bitcoin (BTC), according to Joao Wedson, CEO of Alphractal, due to a rare buy/sell pressure reversal indicating a potential price upturn. Both ADA/USDT and ADA/BTC charts show these pressure deltas moving into bullish territory, reminiscent of previous major rallies in 2020 and 2021. ADA has experienced a pronounced decline, dropping below $0.60 with an RSI of 32.86, while BTC remains steady above $104K with an RSI of 47.80, indicating neutral momentum. This divergence suggests ADA could rebound more significantly. However, despite past spikes in buy pressure, ADA has struggled against BTC, necessitating cautious optimism from ADA supporters. The $0.60 mark presents opportunities but may also require patience for a meaningful recovery. 0 reply
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