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Cardano's Surge: Profit-Taking or Sustainable Growth? Join the Debate!

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Topic review: Cardano's Surge: Profit-Taking or Sustainable Growth? Join the Debate! Expand view

Cardano's Surge: Profit-Taking or Sustainable Growth? Join the Debate!

by Cryptodude » Fri Nov 29, 2024 4:40 am
With Cardano's recent surge pushing 88% of its supply into profit, it raises an interesting dilemma for investors: Is it time to take profits, or do you believe in the long-term potential of ADA to break through the $1 mark and beyond?

What strategies are you employing in this current market climate? Are you leaning towards profit-taking, or are you holding out for a more significant price increase? Let's discuss the implications of the MVRV ratio and how it might influence your decision-making. What do you think will happen if the support at $0.93 is breached? Share your thoughts and strategies!
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