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The ADA price is the short timeframe that hints at a probable pullback as the bulls remain passive. Being in the top 10, the token tends to follow the star token, Bitcoin, struggling to rise and sustain above the threshold at $100K.
Cardano price started a downside correction from the $1.325 zone. ADA is consolidating and facing hurdles near the $1.20 and $1.240 levels.
The current price action of ADA is still showing signs of consolidation, with no breakout to the upside yet. At the time of writing, ADA is trading slightly below the $1 mark and has drifted into the red zone. However, the coin has gained more than 12 percent in the last one week.
ADA, the native token of the Cardano blockchain, is poised for notable upside momentum as whales and investors show strong interest in the altcoin. This surge in interest was observed when the token appeared to be struggling near a strong resistance level.
Cardano's native token, ADA, is showing signs of strong bullish momentum, with analysts predicting a potential 30% price surge. Despite recent struggles at the $1.25 resistance level, ADA's technical indicators and on-chain data suggest a breakout could be on the horizon.
Bitcoin claims the historic $100,000 milestone, President-elect Donald Trump picks former SEC commissioner Paul Atkins to replace Gary Gensler as agency chair, and more in today's edition of the weekly recap.
According to historical data, Cardano (ADA) may be approaching overvalued territory. This comes after an impressive 180% price increase over the last 30 days.
The SEE Institute and Cardano Foundation have partnered to integrate blockchain technology into global sustainability efforts. Advancing Blockchain-Powered Sustainable Solutions The Dubai-based sustainability education and business incubation hub, SEE Institute, has signed an agreement with the Cardano Foundation to incorporate blockchain technology into its global sustainability efforts. The partnership aims to advance blockchain-powered sustainable solutions.
The Cardano Foundation joins a long list of entities falling victim to X account hacks, including the Securities and Exchange Commission.
Three reasons outlined below make buying ADA at this moment the wisest move.
False claims of an SEC lawsuit and ADA token burns from a hacked Cardano Foundation account sent shockwaves through the cryptocurrency community, sparking panic.
Cardano holders received a warning Sunday: ADA trading will halt on all platforms as of Monday, Dec. 9. There's just one problem: It wasn't true.
Cardano Foundation's official X account fell victim to hacking, leading to the circulation of false claims about an alleged SEC lawsuit. The post Cardano Foundation X account under attack, hackers spread misinformation about SEC lawsuit appeared first on Crypto Briefing.
ADA remains remains still at $1.19.
The relatively sophisticated scam attempt had some Cardano users trading the token, which saw $500,000 in trading volume.
Sellers are becoming more powerful at the end of the week, according to CoinMarketCap.
On the crypto ring, Cardano dances: 915 million ADA, a waltz that attracts traders and billions, but beware of exhaustion.
Cardano (ADA) enters a phase of consolidation, major investors, often referred to as “whales,” are seizing the opportunity to strengthen their positions. Recent data from the market intelligence platform Santiment, shared by analyst Ali Martinez, reveals that whales have accumulated over 100 million ADA tokens in recent days, pouring in a total of $110 million into the market.
Cardano has reached a major milestone with the approval of its Constitution during a global convention held in Argentina and K enya on December 5-6.
Cardano (ADA) has been one of the most exciting cryptocurrencies in recent weeks, showing impressive gains of 264% over the past month. However, the ADA price is now facing a significant resistance level at $1.20, which could act as a pivotal point for its future price action.
Cardano price gains steam as analysts highlight $1.11 as a critical level for bullish continuation. With whales accumulating $276 million ADA, price predictions remain optimistic, with targets ranging from $1.72 to $2.95 if momentum holds.
Cardano's native cryptocurrency, ADA, has shown a modest gain of over 3% in the past 24 hours, trading above the $1.20 mark at the time of writing. This recovery comes despite ADA losing a portion of the gains achieved earlier in the week.
Cardano (ADA) has been gaining attention in the crypto space, showing significant growth as it surges out of a period of consolidation. As of the latest update, ADA is trading at approximately $1.22, reflecting a minor dip of 0.28% over the last 24 hours.
Cardano (ADA), the eighth-largest cryptocurrency by market capitalization, is experiencing a surge in Open Interest (OI) amid its bullish price performance. In the last 24 hours, Cardano OI jumped 2.69% and 0.83% in the past hour, per CoinGlass data.
