ADA falls below key support level, institutional capital outflow triggers the decline.

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[Coin World] Cardano's ADA Token fell over 3% to $0.64, breaking below a key support level. Meanwhile, ADA's volume surged to an average of 183 million coins, 67% higher than the average level. This fall reflects a capital outflow of $300,000, as institutional investors shifted from alts to stable assets due to ETF approval delays and risk-averse sentiment. Technical Analysis shows strong resistance around $0.6550 for ADA; if buyers fail to reclaim this level, ADA may decline further. Meanwhile, the Crypto Assets market as a whole fell by 2%.

ADA-0.3%
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WagmiAnonvip
· 1h ago
Lost again, not playing anymore.
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ContractHuntervip
· 10-29 16:30
Going to buy the dip again, huh?
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CoinBasedThinkingvip
· 10-29 16:29
Again gave me a chance to buy the dip.
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SleepyArbCatvip
· 10-29 16:29
Rest more before descending the mountain. Let's talk after the buy the dip ends.
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SchroedingerAirdropvip
· 10-29 16:16
Isn't it too early to buy the dip?
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BlockchainWorkervip
· 10-29 16:00
ada pill
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