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DailyBubble News

Dogecoin and Cardano [ADA] are bearish, but only one will see a bull run

Recent data shows that Dogecoin and Cardano have experienced changes in the number of non-empty wallet addresses. While Dogecoin’s non-zero addresses have increased by over 13%, Cardano’s have declined. This shift in address numbers reflects the overall market sentiment and price trends for each asset.

Dogecoin has seen a relatively flat trend in the total number of holders, with a growth of over 13% in the last three months. At the time of writing, Dogecoin had 6.62 million holders, compared to 6.58 million at the beginning of April. On the other hand, Cardano’s total number of holders has declined slightly over the last three months, with around 4.7 million holders currently.

In terms of price trends, Dogecoin has shown more positive movements than Cardano in the last three months. Dogecoin’s price has risen from the $0.08 range to around $0.14, while Cardano’s value has declined from around $0.5 to $0.47. Both assets remain in a bearish trend, with their Relative Strength Index (RSI) below 40.

Analysis of Cardano’s Funding Rate suggests a shift towards negative levels, indicating a potential price decline. On the other hand, Dogecoin’s Funding Rate remains positive, suggesting a possible rise in its price.

Overall, the data indicates contrasting trends in address numbers, price movements, and market sentiments between Dogecoin and Cardano. While Dogecoin shows positive growth, Cardano faces challenges in maintaining its value. Advantages of Using a Standing Desk

Using a standing desk has become increasingly popular in recent years as more people become aware of the negative health effects of sitting for long periods of time. There are many advantages to using a standing desk, including improved posture, increased energy levels, and reduced risk of certain health conditions.

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