Cardano bounces, but here’s why a price dip is likely before the weekend

Quick Summary:

The liquidation levels data showed that a move beyond $0.38 might be unlikely over the next 24-48 hours.

AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice.

However, the OBV was unable to set a new high, revealing a lack of buying pressure despite the price bounce.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Akashnath S

Category: Crypto

Markets: United StatesIndia

Topics: Altcoin HideCryptopanic Social News 1 News No Homepage Ambcrypto Analysis Cardano Trading View

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 17:00:56 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 422 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 22213204

View Article Analysis

About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 26 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

Frequently Asked Questions