Cardano (ADA) edged higher to $0.70 (+2.2%) on Wednesday as on-chain data showed large holders buying the dip. Related Reading Whale and mid-tier wallets snapped up roughly 200 million ADA over 48 hours, about $140 million at recent prices, after last week’s volatility knocked the market lower. The build-up comes as the project readies the…
Cardano (ADA) is showing renewed momentum after weeks of sideways action, climbing back above its 50-day moving average and putting the $0.94 resistance back in focus. Traders view this level as the next major hurdle to unlock a run at the $1.00 psychological mark. Related Reading On the daily chart, ADA has reclaimed its green…
The Cardano price is showing signs of strength, with one analyst suggesting it may be preparing for a rally to reach $7.82 during this bull run. Crypto analyst Javon Marks believes Cardano is now following the same bullish path that it did in the last market cycle. He explains that after breaking out before, Cardano…
Cardano (ADA) is trading around $0.78–$0.80, struggling beneath a strong resistance at $0.83–$0.85, where the 50/100/200-day EMAs converge. Prediction markets currently assign a 91%–95% chance of U.S. Cardano spot ETF approval, with dates tentatively set for late October 2025. Related Reading This narrative has helped stabilize sentiment after September’s decline. Bulls believe institutional access could…
Cardano (ADA) slipped 1.38% today, trading at $0.816, below its 20-day moving average ($0.871) and 50-day moving average ($0.86). However, it remains above the 200-day moving average at $0.735, signaling that while sellers dominate in the short and medium term, the longer trend is still supported. ADA's price moving sideways on the daily chart. Source:…
Cardano (ADA) is trading at $0.876 with a daily volume of $1.28 billion, but sellers remain in control after a sharp 7% decline over two days. On-chain data from Santiment shows the Network Realized Profit/Loss (NPL) metric spiking to its highest level since July, signaling that many investors are cashing out profits. Related Reading This…
The Cardano (ADA) price is still holding up quite nicely and has maintained support above $0.81. This level is now acting as the major level in the recovery, becoming even more important as the technicals pile up at this point. Highlighting the importance of holding this level, pseudonymous crypto analyst The Alchemist Trader shows what…
Cardano (ADA) has entered September with mixed signals. On-chain data from Santiment reveals that retail sentiment has dropped to its most bearish level in five months, with a bullish-to-bearish commentary ratio at just 1.5:1. Surprisingly, instead of collapsing, ADA has gained about 5% during this period. Related Reading This inverse correlation isn’t new. Earlier in…
Cardano’s founder, Charles Hoskinson, has clarified why the blockchain platform was excluded from a prominent US government initiative meant to publish official economic data on public blockchains. Blockchain networks like Ethereum, Solana, Avalanche, and Optimism made the cut; Cardano didn’t. Hoskinson revealed during a YouTube AMA that the reason wasn’t technical or regulatory, but it…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance…