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Cardano (ADA) Price Analysis – January 10

On the 4-hour chart, the crypto’s price is in a bearish trend. The crypto’s price reached the high of $0.0540 when it was resisted at the $0.0550 price level. The bears have broken the 12-day EMA and the 26-day EMA to the low of $0.0450 as at the time of writing.