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With more than $200 billion being poured back into the #cryptocurrency #market, the top 10 altcoins like #Luna, #Cardano and #Solana are entering the active recovery phase and gaining back from 10 to 20% of their value in the last 24 hours. Cardano exits oversold zone Yesterday, GN7 reported that ADA's Relative Strength Index has entered the extremely oversold zone by dropping below values of 30. Whenever an indicator shows that the assets are oversold, a short-term rebound should be expected by the market. In the case of ADA, the recovery came even earlier than expected, with the token gaining back at least 10% of its value in the last 24 hours. But at the same time, the recovery is purely speculative, with no major resistance points being broken. At press time, ADA trades at $0.8 and still moves in the amplitude downtrend that has caused at least a 70% loss for all Cardano investors. Solana follows the market Despite showing more down-to-earth performance, Solana was still able