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Cardano Fails to Make a Breakout; Will ADA Sustain Consolidation?

Cardano blockchain remains under consolidation despite outperforming its competitors. Buyers losing strength near $0.55 creates a scenario for dumping ADA tokens and making a quick buck. Even the moving averages have failed to incite buyers into testing the resistance. Since launching the smart contract functionality to this blockchain, we have witnessed a major boom in …

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