Cardano Whales Trim Positions – 4M ADA Sold in 7 Days
Cardano has entered a difficult phase as selling pressure intensifies across the crypto market. The price of ADA has fallen below the $0.60 level, a critical threshold that previously acted as both support and a psychological anchor for traders. With this breakdown, bullish momentum has faded, and the asset now faces mounting resistance amid a…
Cardano Retests Line That Has Triggered Strong Rebounds Since Nov 2024
An analyst has pointed out how Cardano is retesting a level that has helped the asset’s price rebound multiple times during the past year. Cardano Is Retesting The Support Level Of A Parallel Channel In a new Parallel Channel, a type of consolidation channel from technical analysis (TA). A Parallel Channel forms whenever an asset’s…
Cardano Whale Makes $54 Million Coinbase Outflow: Sign Of Dip Buying?
On-chain data shows a Cardano whale has made a massive withdrawal from Coinbase, a sign that may be bullish for the ADA price. Cardano Whale Has Withdrawn Big From Coinbase According to data from cryptocurrency transaction tracker service Whale Alert, a large transfer has been spotted on the Cardano blockchain during the past day. The…
Cardano Pushes Past $0.85: Falling Wedge Breakout Confirmed?
Cardano has just seen a surge beyond the $0.85 mark, potentially confirming a bullish breakout forming in the asset’s 4-hour price chart. Cardano Is Breaking Out Of A Falling Wedge Pattern In a new Falling Wedge,” which belongs to the broader class of Wedges. Wedges form whenever an asset travels between two converging trendlines. When…
Cardano Price Squeezed Between Support And Resistance – Market Awaits Next Leg
Cardano’s price is caught in a tight range, holding above key support while facing resistance overhead. With momentum weakening, will ADA break higher or slide back toward lower levels in its next decisive move? Bearish AB=CD Pattern Completed With Rejection At $0.95 Alpha Crypto Signal, a crypto analyst on X, recently setup, suggesting that the…
Cardano Price Prediction: Why A 52% Rally To $1.20 Could Happen Soon
Analysts have issued a fresh Cardano price prediction, projecting a 52% surge that could push its value back above $1.20. Despite experiencing significant volatility earlier in this market cycle, analysts remain optimistic about Cardano’s breakout potential. Recent chart patterns also reveal a setup of falling wedges followed by strong rallies—a formation that has historically preceded…
Cardano Short-Term Surge Meets Mid-Term Resistance – What’s Next?
Cardano (ADA) is showing renewed strength on lower timeframes, with a short-term surge lifting the price above key moving averages. However, this momentum now faces a critical test as mid-term resistance levels come into play. Will the bulls maintain control, or is a reversal on the horizon? ADA Pushes Above Key EMAs: Bulls Seize Short-Term…
Cardano (ADA) Targets $0.80 As Price Retests Key Level – Is An 85% Jump Ahead?
After recovering from its local lows, Cardano (ADA) is retesting a key area that could send the price to the next crucial resistance. Some analysts suggest that the cryptocurrency is preparing for a massive rally. Cardano Retests Key Resistance Following last week’s drop to the $0.70 support, Cardano is attempting to break out of a…
Cardano Price Explodes 30% In Past Week — Analyst Calls $5 Next Market Top
The Cardano price has witnessed an exhilarating run over the past few days, experiencing a significant breakout from consolidation beneath the $0.6 level. Before its recent price surge, the altcoin had been moving mostly sideways within the $0.5 and $0.6 range. Interestingly, the Cardano price seems to just be at the beginning of what is…
Cardano Price Woes To Continue? Analyst Expects ADA To Fall To $0.47
The Cardano price performance has been nothing short of shambolic since the start of May, falling from the lofty heights of $0.85 in less than two months. According to data from CoinGecko, the altcoin’s value has declined by more than 24% in the past month. While the price of ADA saw an explosive growth at…