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Cardano Forum / Cardano in a Strong Sideways Move as Bulls and Bears Remain Indifferent
« on: October 27, 2021, 01:52:58 PM »
The price of Cardano (ADA) has continued its sideways movement as the cryptocurrency maintains its price levels of $2.13 and $2.14. It is unlikely that Cardano will develop a trend as long as the small body candlesticks dominate the price action.
According to the description of the Small Body Candlesticks, buyers and sellers are in a phase of indecision. They are undecided about the direction of the market. As long as the doji candlesticks dominate the price action, the price level is likely to remain the same. The price movement of the cryptocurrency is insignificant as the altcoin has no trend. Nevertheless, the price level of ADA/USD has been stable since September 20. More information please click here
According to the description of the Small Body Candlesticks, buyers and sellers are in a phase of indecision. They are undecided about the direction of the market. As long as the doji candlesticks dominate the price action, the price level is likely to remain the same. The price movement of the cryptocurrency is insignificant as the altcoin has no trend. Nevertheless, the price level of ADA/USD has been stable since September 20. More information please click here