Cardano (ADA) appears set to cross the $1 level as bullish sentiment remains high on the market. Notably, ADA has recorded an impressive surge in its open interest.
TL;DR Cardano (ADA) hits its highest price since May 2022, surpassing 90 cents. Big investors are accumulating ADA, with over $12 billion in the hands of whales. On-chain activity and institutional interest point to a possible stability in ADA's rally.
Cardano has been rising since the day of the US election. With some corrections at important levels of Fib, ADA has surged by 189% in the last 16 days. The token was at this price last in May 2022 when the market was falling. It had fallen from an ATH of $3.
Here's the latest achievement of Shibarium.
Analysts expect the 2017 bull rally to occur again as Cardano (ADA) and XRP prepare themselves for the season. Both coins are gaining support and are increasing the probability of new investors coming into their respective ecosystems. While these giants prepare for another potential breakout, all eyes are on one emerging star: Rexas Finance (RXS).
Cardano (ADA) has been one of the standout performers in the crypto space over the past month, showing a remarkable surge in its price. Over the last 30 days, the price of ADA has more than doubled, and it is currently trading at its highest point of the year.
Cardano's price smashes new yearly highs at $0.92 for the first time since April 2022. Then the price continued to drain as the markets were stuck within a rising bear market, but now they are at the foothill of a huge bull run.
Cardano (ADA), the ninth-largest cryptocurrency, is setting its sights on the $1 mark, reaching highs of $0.919 in today's trading session.
Cardano price has soared to new heights in the last 24 hours, riding a wave of optimism in the cryptocurrency market. ADA has reached a two-year high, breaking multiple resistance levels, fueled by increased investor interest and a broader market rally.
Shiba Inu's daily chart has been consolidating in a triangle pattern, suggesting a possible breakout in the near future. On-chain data does, however, point to a worrying pattern.
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are trading around 3% higher in a single day boosted by the optimism in the cryptocurrency market. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin $0.3923 $57.6 Billion +2.8% +5.3% Shiba Inu $0.00002496 $14.7 Billion +4.2% +3.1% Trader Notes: Analysts see bullish potential for the top two meme coins.
SHIB is gearing up for a massive bullish breakout as analysts predict a major upside for the altcoin, citing multiple bullish patterns. In a Nov.
On November 20, crypto whales offloaded significant amounts of Cardano (ADA), disrupting its bullish momentum. However, the narrative shifted today as the Cardano whales' accumulation has taken center stage.
ADA price jumped 11.46% in a single day, reaching its strongest level since May 2022, driven by $12 billion in whale accumulation.
Cardano's (ADA) latest performance has been nothing short of impressive, reaching $52.26 billion in transaction volume this week—a new seven-month high. This surge is not only a testament to Cardano's growing presence in the blockchain space but also reflects a major increase in whale activity, with over 8,900 large transactions exceeding $100,000.
Shytoshi Kusama, known in the crypto space as a leading voice in the ecosystem around the Shiba Inu (SHIB) token, made a number of high-profile comments on social network X. The comments touched on both the entire cryptocurrency market and the popular meme-inspired Shiba Inu token in particular.
XRP and Cardano lead an altcoin surge as Bitcoin consolidates, signaling a redistribution of profits and market focus.
Shiba Inu price continues to consolidate around a key level, but two unique chart patterns point to big a move ahead. If the pattern successfull breaks out SHIB could almost double in value.
Technical analysis reveals a bull pennant formation in Shiba Inu's price action, suggesting potential for a 53% rally to $0.000037 if the $0.000025 resistance level is breached.
Analyst and trader Ali Martinez is leaning bullish on one large-cap crypto asset while offering his insight on Bitcoin (BTC) and two altcoins.
Cardano is gaining bullish momentum as the crypto market continues to hit higher highs and Bitcoin is inching closer to the $100,000 mark. With the third bullish week in motion, the ADA price is nearing the $1 milestone. Will the ongoing bull run in the ADA price trend achieve the $1 milestone? Let's find out.
Cardano (ADA) has been on an impressive streak, climbing 35% over the past week and currently trading near the $0.77 mark. With a promising technical setup and strong market sentiment, ADA seems poised for further gains.
On-chain activity shows the involvement of large investors and institutions, indicating that the price surge could have staying power.
Crypto whales acquired 1.67 trillion SHIB tokens from the exchanges in the past 24 hours.
An analyst has explained how Shiba Inu could kickstart a new rally to this price target if it can break through the $0.000025 resistance level. Shiba Inu Is Currently Trying To Break Past The $0.000025 Resistance In a new post on X, analyst Ali Martinez has discussed a pattern that has been forming in the SHIB price recently.
Shiba Inus supply took a significant hit on November 21, as its burn rate rose 2225% with 14.58 million tokens destroyed. Despite a 2% price decline, market sentiment stays bullish amid monthly gains and favorable on-chain trends.
Cardano price continued its strong comeback this week as Bitcoin approached the important resistance level at $100,000. The ADA token jumped to a high of $0.90, its highest level since April 2022. It has risen in the last three consecutive weeks and by over 275% from last year's low.
Is Shiba Inu's bull flag formation a sign of market confidence or just a temporary spike?
Besides an impressive gain of over 43% in the past week, Cardano (ADA) is poised to continue this upward rally in the coming days, as it has formed a strong bullish price action pattern on its daily time frame. With this bullish price action, heightened participation from traders and investors has been observed.
The triangle pattern formation that Shiba Inu is currently showing on its daily chart may pave the way for noteworthy price action. In the case of SHIB, triangle patterns frequently signal a period of consolidation prior to a clear market move, which may provide the groundwork for a robust upward rally.
The GMMEME index, which tracks key memecoins such as PEPE, SHIB and DOGE, has surged over 90% in November.
The price of the native token of smart contract platform Cardano ($ADA) has surged by more than 41% over the past week to now trade at around $0.8 per token, giving it a total market capitalization above the $28 billion mark.
Shiba Inu (SHIB) price has experienced a significant surge this November, riding the wave of a bullish cryptocurrency market trend. The meme coin has demonstrated robust upward momentum, signaling strong potential for continued growth heading into 2024.
Cardano (ADA) price has surged 41.89% in the last seven days, signaling strong bullish momentum in the market. The uptrend remains strong, supported by key technical indicators like the ADX and Ichimoku Cloud, which point to sustained positive sentiment.
Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has laid out a strategic plan focused on driving mainstream adoption and enticing centralized exchange (CEX) support for Shibarium, Shiba Inu's Ethereum Layer-2 solution.
Cardano's Charles Hoskinson extends peace to Solana bridging crypto divides with unexpected blockchain diplomacy.
Cardano (ADA) price, a leading proof-of-stake cryptocurrency, has surged by over 120% in the past month. This exceptional rally aligns with a bullish sentiment in the cryptocurrency market, bolstering investor confidence.
Cardano whales have taken the driving seat following a bullish November. ADA has outpaced the top 10 ranked crypto by market capitalization, taking its price to $0.8.
November has been a good month so far for the Cardano network. What's behind ADA's resilience against profit-taking?
With Bitcoin (BTC) reaching new highs this week, altcoins have also drawn increased attention, notably with price momentum in meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB).
The Cardano (ADA) blockchain has reached a significant achievement, boasting over 2,600 days of uninterrupted operations. This landmark raises a high bar for blockchain stability, setting Cardano apart.
Shiba Inu (SHIB) is forming s a bull flag, signaling a move to $0.000037 if SHIB can break past the $0.000025 resistance, as just reported by Ali Martinez, a prominent crypto analyst who is considered a technical analysis expert.
Cardano's price skyrocketed 42% in the past week, but a 5% dip in the last 24 hours raises concerns about its momentum. Can ADA sustain its growth, or is a correction on the horizon?
Cardano (CRYPTO: ADA) co-founder Charles Hoskinson on Thursday named Coinbase Inc. (NASDAQ:COIN) CEO Brian Armstrong for a potential crypto position at the White House, citing his unique position to bridge the gap between the digital asset industry and federal regulators. What Happened: Hoskinson emphasized the importance of the role being filled by someone “neutral” with a deep understanding of blockchain technology and the challenges posed by existing U.S. regulations.
Some coins keep setting new local peaks, while others have come back to the red zone, according to CoinStats.
Analyst predicts a major breakout for Shiba Inu, with a potential 60% price increase if the cryptocurrency can break through the $0.000025 resistance level.
The coin powering The Open Network, Toncoin ($TON), could soon overtake both its direct competitor, Avalanche ($AVAX), and the second biggest meme coin by market cap, Shiba Inu ($SHIB), according to the latest figures. Toncoin has barely moved at all in the last 24 hours, and still trades for around $5.42.