Whales added 50 million ADA worth around $32.5 million, showing slow but steady accumulation. Spent Coins Age Band dropped 36%, signaling early dormancy but not full conviction among holders. Inverse head and shoulders and bullish RSI divergence hint at reversal, but a break above $0.66 is crucial to confirm it. Cardano (ADA) price has been…
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In Brief Over 40 million ENA tokens worth $12 million were unlocked, but the price dipped only 1%, showing strong buyer support. ENA futures open interest rose 2% to $387 million, signaling increased trader activity and confidence despite the token unlock. Positive funding rate of 0.0059% reflects demand for long positions, hinting at potential price…
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In Brief Cardano price rises over 10% in seven days, trading above $0.70, but BBTrend indicator shows weakening momentum. DMI reveals ADA trend strength has dropped sharply, with buyers and sellers nearly balanced, signaling possible consolidation. ADA hovers near critical $0.69 support; loss could trigger downside targets, while a rally could push toward $0.77 resistance.…
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In Brief Fantom price could rise above its recent slump with a potential to reach $0.66 or even $0.99 if bullish trends persist. The token trades above the 23.6% Fibonacci level, suggesting a potential upswing if it holds above the bear market support floor If bears regain control, the bullish thesis may be invalidated, and…
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