Cardano Price Forecast: Rejection at 50-day EMA tightens bearish grip

Cardano (ADA) edges lower by over 3% at press time on Thursday, extending the second rejection from the 50-day Exponential Moving Average (EMA) so far this month. A bearish side in the retail interest leads to a decline in Open Interest and lowered funding rates.

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Cardano Price Forecast: Rejection at 50-day EMA tightens bearish grip

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Cardano Price Forecast: Rejection at 50-day EMA tightens bearish grip

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