
Title: Cardano Death Cross Emerges, But It’s Not What Was Expected
A recent development in the cryptocurrency market has raised eyebrows among traders and investors alike. A death cross signal has appeared on Cardano’s (ADA) hourly chart, typically an indication of potential bearish momentum. However, this is not what was expected.
The unusual price behavior suggests that traders are not fully embracing the bearish signal. Instead, bulls may be attempting to invalidate the death cross by regaining control in the short term.
Source: u.today