Will Cardano continue its decline and reach its nearest support level? Friday, August 01, 2025.
Will Cardano continue its decline and reach its nearest support level? Friday, August 01, 2025.
Cardano – Friday, August 01, 2025.With
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Cardano – Friday, August 01, 2025.With the EMA (5) which is below the EMA(200) and the RSI (14) indicator at Extreme Bearish levels, Cardano has the potential to experience significant pressure throughout the day.Key Levels1. Resistance 2: 0.80322.2. Resistance 1: 0.77607.3. Pivot: 0.76078.4. Support 1: 0.73363.5. Support 2: 0.71834.Tactical ScenarioPressure Risk Zone: If the price breaks down and closes below 0.73363, Cardano has the potential to continue its decline to 0.71834.Momentum Extension Bias: If the 0.71834 level is successfully broken
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