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Cardano Supporter Shifts Focus to XRP Amid Price Volatility
XRP and Cardano Developments
- A content creator focused on Cardano explored XRP, causing mixed reactions within the ADA community.
- Charles Hoskinson, Cardano's founder, expressed positive views on XRP, describing it as decentralized, which may influence ADA supporters to reconsider their stance.
Cardano (ADA) Price Analysis
- ADA is trading near $0.42, with critical support between $0.39 and $0.40.
- If this support fails, the price could drop by 9%.
- The RSI shows neutrality, while the MACD indicates weakness.
- A potential breakout could push ADA to $0.58 and possibly retest $1, representing a 135% increase.
Source: TradingView
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