ADA has witnessed selling pressure since start of week
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A drop beneath this key range might potentially trigger a test of the support at $0.40. Such a move could present buying opportunities for investors but poses a risk for those currently holding the 2.5 billion ADA.The outcome of the battle between the bulls and bears might have implications for the ADA price. A sustained move above this key price range might bring ADA to its next resistance range between $0.46 and $0.51, according to on-chain data.
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