In Brief Cardano drops 34% in 30 days, trading below $1 amid strong bearish momentum. ADX at 46.8 confirms intense selling pressure and a persistent downtrend. Whale addresses hit a low, signaling weak confidence among big investors. Cardano (ADA) has been down almost 34% in the last 30 days and more than 15% in the…
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In Brief ADA’s BBTrend is recovering from -28 to -9.4 but remains negative, signaling lingering bearish pressure. The Ichimoku Cloud setup reflects weak momentum, with ADA struggling to break above key resistance levels. If bullish momentum returns, ADA could test $0.82, with a breakout potentially leading to a 67% rally toward $1.16. Cardano (ADA) price…
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In Brief Cardano’s realized profits hit $73.33 million, sparking a 90% drop in large holder netflow as whales sell off ADA. A failed breakout retest hints at weak support, putting ADA at risk of a decline to $0.94. Improved sentiment could push ADA above $1.03, reversing its current downtrend within the symmetrical triangle. Cardano’s price…
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In Brief Cardano founder Charles Hoskinson announced plans to work with the incoming Trump administration to develop clear crypto regulations. Hoskinson revealed that his company, Input Output Global, will establish a dedicated policy division to positively engage with lawmakers. Hoskinson’s announcement coincides with a 34% surge in Cardano’s ADA token, reflecting renewed investor optimism in…
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In Brief Cardano traders have reduced activity as the Chang fork approaches, anticipating a “sell the news” event. Daily active addresses for ADA have dropped 31%, indicating reduced demand ahead of the upgrade. ADA’s price could drop to $0.27 if sell-offs occur or rise above $0.39 if the upgrade triggers a rally. Cardano’s (ADA) highly…
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In Brief ADA’s price decline caused most holders to book losses, with daily transactions in losses exceeding those in profit. At press time, ADA traded at $0.45, with 59% of holders “out of the money,” while only 37% held at a profit. Negative Elder-Ray Index and down trending RSI indicate bearish momentum, but MVRV ratio…
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In Brief Cardano’s price is currently in a descending/falling wedge, and a breakout hints at a 24% rise. Mean Coin Age has grown by 2.4% in the last two weeks, which shows conviction is much stronger than the whole of Q1. Given only 50% of the supply is in profit, ADA has room for upside…
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In Brief Cardano’s Treasury has amassed 1.5 billion ADA tokens valued at approximately $720 million. Observers explained that the growing Treasury reserves reflects tightened network activity. ADA’s price is on the cusp of a notable break-out, market analysts note, citing historical data. Cardano’s Treasury has hoarded 1.5 billion ADA tokens, worth over $720 million, which…
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To sum things up The Cardano (ADA) cost has made nine bullish week after week candles in ten weeks, moving beyond a drawn out range. The daily wave count and the Relative Strength Index (RSI) are bearish, indicating that the short-term decline will continue. In spite of the negative transient ADA cost forecast, shutting over…
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In a nutshell The Cardano (ADA) cost has expanded quickly since October. It broke out from two long haul even protections. While the week by week time span Relative Strength List (RSI) and cost activity are bullish, the everyday wave count is negative. Regardless of the negative momentary ADA cost forecast, an everyday close above…
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