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Cardano’s 18% slump and falling whale activity raises concerns – What next?

AMBCrypto LogoAMBCrypto1d ago

Cardano’s 18% slump and falling whale activity raises concerns – What next? - AMBCrypto

Quick Summary:

Is this the sign of an early trend, or simply a phase?

If the decline in whale addresses marks the beginning of a broader trend, it could have significant long-term implications for Cardano.

The daily chart highlighted a lack of strong support, with lower highs and lower lows reinforcing bearish sentiment.The RSI sat at 36.37, teetering just above the oversold zone — weakened buying pressure but leaving room for a potential short-term bounce.

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Cardano’s 18% slump and falling whale activity raises concerns – What next? - AMBCrypto (Picture 1)Cardano’s 18% slump and falling whale activity raises concerns – What next? - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Samantha LKM

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-02 @ 17:00:02 (1 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 644 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 20 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 26589483

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 19 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 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

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  • URL: https://chronographically.beamstart.com/news/cardanos-18-slump-and-falling-17409348313617

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