Cardano May Have Just Ignited Game-On Face For ‘$10 ADA Price’ In This Super Cycle

Cardano May Have Just Ignited Game-On Face For ‘$10 ADA Price’ In This Super Cycle
фото показано с : zycrypto.com

2024-3-10 22:10

As positive crowd sentiment engulfs the crypto market after Bitcoin breached the all-time high (ATH) price of $69,000, Cardano (ADA) seeks to ride on this wave by mimicking its last bull run.

Taking on X, formerly Twitter, leading market analyst Ali Martinez pointed out that if this historical pattern saw the light of day, ADA could surge to the $10 price level.

Martinez noted, “Cardano seems to be mirroring its previous bullish cycle. If this pattern continues, we could witness a brief correction before ADA goes parabolic toward $10.”

Source: Ali Martinez

Cardano hit $3 during the last cycle after surging by more than 3,200%. Therefore, if ADA follows in these footsteps, Martinez believes the $10 price threshold will be in the offing as the eighth-largest cryptocurrency will have soared by more than 2,000%.

Since Cardano has broken out of a cup & handle formation that came to light in June 2022, ADA is likely to smash the $3 price level this cycle.

Cardano Experiences Heightened Network Activity

Based on CoinGecko data, Cardano has already recorded a 47.5% monthly surge, and increased network activity has played an instrumental role in this uptrend.

Specifically, ADA has been depicting strong network engagement and increased investor interest thanks to rising transaction volume and active daily addresses.

Cardano was hovering around the $0.7 level at press time, according to CoinGecko.

Top crypto analyst Dan Garmbadello recently echoed Martinez’s sentiments that Cardano was eyeing a parabolic movement since it had broken out of a major structure.

origin »

Cardano (ADA) на Currencies.ru

$ 1.1066 (+4.80%)
Объем 24H $7.258b
Изменеия 24h: 67.60 %, 7d: 44.07 %
Cегодня L: $1.0334 - H: $1.1066
Капитализация $38.966b Rank 8
Доступно / Всего 35.212b ADA / 45b ADA

cardano ada formation handle 038 cup smash

cardano ada → Результатов: 126


Трейдеры избавляются от Cardano

В последние недели Cardano (ADA) находится под значительным давлением продаж. Из-за этого альткоин рискует потерять поддержку на уровне $1 и откатиться ниже. Разбираемся, почему игроки рынка избавляются от Cardano (ADA) и как это скажется на цене криптовалюты.

2024-12-18 20:55


Whales Bet Big on Cardano Amid Major Partnerships: Where Is ADA Price Headed Next?

Cardano (ADA) has continued its consistent development and strategic collaborations. With its research-driven approach, it is establishing itself in decentralized finance (DeFi).   Analyst Dan Gambardello, in a YouTube video, provided insights into Cardano’s evolving fundamentals and potential market trajectory, while analyst @ali_charts highlighted notable whale activity surrounding ADA.

2024-11-20 16:30


Cardano взлетает с 25%-ным приростом — вскоре может последовать FOMO у розничных продавцов

Cardano (ADA) стал одним из выдающихся альткоинов в недавнем ралли криптовалютного рынка, поднявшись более чем на 25% за последние три дня, согласно данным Santiment. Этот восходящий импульс привел к тому, что Cardano впервые с июля преодолел отметку в 0,43 доллара, чему способствовали значительные транзакции китов и повышенная активность сети.

2024-11-8 17:51