ADA Cardano Dips Below 50 Day SMA will the 200 Day Hold?

in #bitcoin6 years ago

Hello Fellow Crypto Investors

Below you will see the chart for Cardano. It has broken down through the 50 Day SMA and is now holding on the 100 Day SMA. I am very Bullish long term on Cardano but if it cannot hold on the 200 day SMA there might be a correction to previous support around 2500 Satoshis. What are your thoughts?

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