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Stellar, Dogecoin, and Cardano Encounter Bearish Trends
In a recent report, Crypto News Flash has been tracking the performance of three prominent cryptocurrencies – Stellar, Dogecoin, and Cardano. Unfortunately, the latest data suggests that these digital assets have encountered bearish trends.
As of December 30, Stellar’s price is at $0.3000, with the possibility of retesting the $0.3525 resistance zone. The same goes for Dogecoin (DOGE), whose price currently sits at $0.3203 and may try to surpass the $0.3616 resistance mark.
On a different note, Cardano has managed to bounce back after a sharp fall, losing over 40% from its November highs. Despite this recovery, the asset remains vulnerable to potential retraction below the critical levels of $0.8656, which could send it plummeting towards the support zones at $0.7590.
It’s crucial for investors and traders alike to closely monitor these key levels as they decide on their next moves in the market.
Source: www.crypto-news-flash.com
