Cardano (ADA) is showing early signs of a potential short-term shift. At the time of writing, the asset traded at $0.466, with a slight drop in the last 24 hours and an 18% decline over the past week. While pressure on the asset remains, recent indicators suggest a pause in the current downtrend. Technical Signals […]
Cardano (ADA) has seen sharp losses over recent weeks, in line with broader weakness across the crypto market. Consequently, the asset is trading around $0.53 at press time, following a 3% drop over the past 24 hours. It has also fallen almost 18% in the past week and is down 37% over the last 30 […]
There are no altcoins that were spared from the calamity that transpired in the cryptocurrency markets over the past 15 hours or so, and Cardano’s native token is among the most impacted. The asset stood tall at around $0.85 until yesterday evening, with the aspirations of a price pump to $1 or even $2, according […]
Cardano (ADA) slipped from 9th to 10th in terms of circulating market cap by the end of Q3, underperforming its Layer 1 peers. However, the blockchain has maintained stable usage, as engagement from users and developers alike continued to grow. In a significant milestone, the Cardano network has processed over 1 million transactions in the […]
Cardano’s ADA has joined the broader resurgence of the cryptocurrency market, with its price approaching $0.90. The recent whale activity suggests that the bullish momentum could continue in the short term. Scooping up More Coins The popular X user Ali Martines revealed that ADA whales (investors holding between one million and ten million tokens) have […]
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum had a tough week after losing support at $4,000. Its price also closes with a 13% loss. This correction is quite significant and comes after bulls failed to move ETH above $5,000. Since then, sellers have had the […]
TL;DR ADA forms an ascending triangle with $0.95 resistance; breakout could push price toward $1.20. Whale wallets sold 160 million ADA in four days, as the price slipped by 5% weekly to under $0.82. Cardano’s eUTXO model could attract long-term attention for its structured transaction execution. ADA Nears Key Resistance in Ascending Triangle Cardano (ADA) […]
After several failed attempts to stay above $1, ADA is back around $0.80 – what’s next? Key Support levels: $0.77, $0.70 Key Resistance levels: $0.90, $1 1. Sellers Took ADA to the Key Support Cardano’s native token tried to hold above the support at $0.90 in late August, but sellers were too strong and the […]
TL;DR Cardano futures spike to $6.96B, signaling rising trader interest and short-term breakout potential. Analyst Ali Martinez tracks a triangle breakout with ADA, aiming for a technical target near $1.10. Dan Gambardello sees $1.25 as a crucial resistance that could confirm a broader bullish trend. ADA Futures Volume Jumps to Multi-Month High Cardano (ADA) futures […]
TL;DR Whales accumulated almost $160 million worth of ADA in the span of only 48 hours. Continuous buying efforts, paired with non-declining demand, could trigger a price rally. Increasing Exposure The renowned analyst Ali Martinez revealed on X that Cardano whales (those having between 100 million and 1 billion tokens) scooped up more than 200 […]