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Following whales $380 million profit theft, Cardano has struggled to regain its footingThe cryptocurrency #Cardano is having trouble recovering after #whales stole $380 million in gains from the table. Large wallet investors in Cardano have decreased their frequency of activity on the Cardano blockchain, and whale transactions are now seeing a downward trend. Over the course of the preceding week, investors of ADA managed to cash in roughly $380 million in gains, which coincided with a decrease in whale activity. A correction is possible for the price of ADA, which has been almost steady over the last week. The price of Cardano is now moving inside a narrow range that extends from the high point of $0.8104 on March 14 to the low point of $0.5689 on March 20. Cardano's significant wallet investors have reportedly restricted their activity on the ADA network and have most likely taken gains on their holdings, according to data that is stored on the blockchain. On-chain data reveals high levels of profit-taking and whale exits. The Cardano blockchain is now seeing a decrease trend in whale transactions, which are transactions with a value not exceeding $100,000. According to statistics obtained from Santiment's on-chain, the number of transactions involving Cardano whales has significantly decreased since February 29. A decline in whale transactions during a period of price growth is an indication that whales are taking advantage of the situation. This indicator, known as Network Realized Profit/Loss, is used to determine the net profits or losses that were realized by traders who sold the asset on a certain day. For the period beginning on March 20, the statistic reveals that investors of ADA had accumulated roughly $380 million in gains. During the last week, whales have been consistently taking profits and their activity level has been decreasing, which is an indication that whales are realizing gains and selling their ADA holdings in order to make more money. On Binance, the price of the alternative cryptocurrency is now $0.6592, which is practically flat from the previous week and approximately 19% down from its year-to-date top of $0.8104. The one-day chart of ADA/USDT indicates that there is a high probability of a further fall in Cardano. Additionally, the alternative cryptocurrency may be able to gather liquidity in the Fair Value Gap that is located between $0.3046 and $0.3736 on the monthly chart. It is possible that the price of Cardano may recover from this range and make a recovery in the weeks and months ahead, with the goal of returning to the high that it reached on March 14. In spite of this, the red bars on the Moving Average Convergence/Divergence indicator, which are located below the zero line, provide credence to the idea that the price of ADA is experiencing a correction. It is possible that the bearish thesis will be invalidated and a rally to the next key resistance at $0.9091, which is represented by the 127.2% Fibonacci extension, will be suggested if the price of Cardano sees a daily candlestick close that is higher than $0.7328 or the 78.6% Fibonacci retracement of the rally from the low of $0.4477 on January 23 to its peak of $0.8104. #ada

Following whales $380 million profit theft, Cardano has struggled to regain its footing

The cryptocurrency #Cardano is having trouble recovering after #whales stole $380 million in gains from the table.

Large wallet investors in Cardano have decreased their frequency of activity on the Cardano blockchain, and whale transactions are now seeing a downward trend.
Over the course of the preceding week, investors of ADA managed to cash in roughly $380 million in gains, which coincided with a decrease in whale activity.
A correction is possible for the price of ADA, which has been almost steady over the last week.

The price of Cardano is now moving inside a narrow range that extends from the high point of $0.8104 on March 14 to the low point of $0.5689 on March 20. Cardano's significant wallet investors have reportedly restricted their activity on the ADA network and have most likely taken gains on their holdings, according to data that is stored on the blockchain.

On-chain data reveals high levels of profit-taking and whale exits.
The Cardano blockchain is now seeing a decrease trend in whale transactions, which are transactions with a value not exceeding $100,000. According to statistics obtained from Santiment's on-chain, the number of transactions involving Cardano whales has significantly decreased since February 29. A decline in whale transactions during a period of price growth is an indication that whales are taking advantage of the situation.

This indicator, known as Network Realized Profit/Loss, is used to determine the net profits or losses that were realized by traders who sold the asset on a certain day. For the period beginning on March 20, the statistic reveals that investors of ADA had accumulated roughly $380 million in gains. During the last week, whales have been consistently taking profits and their activity level has been decreasing, which is an indication that whales are realizing gains and selling their ADA holdings in order to make more money.

On Binance, the price of the alternative cryptocurrency is now $0.6592, which is practically flat from the previous week and approximately 19% down from its year-to-date top of $0.8104. The one-day chart of ADA/USDT indicates that there is a high probability of a further fall in Cardano. Additionally, the alternative cryptocurrency may be able to gather liquidity in the Fair Value Gap that is located between $0.3046 and $0.3736 on the monthly chart.

It is possible that the price of Cardano may recover from this range and make a recovery in the weeks and months ahead, with the goal of returning to the high that it reached on March 14.

In spite of this, the red bars on the Moving Average Convergence/Divergence indicator, which are located below the zero line, provide credence to the idea that the price of ADA is experiencing a correction.

It is possible that the bearish thesis will be invalidated and a rally to the next key resistance at $0.9091, which is represented by the 127.2% Fibonacci extension, will be suggested if the price of Cardano sees a daily candlestick close that is higher than $0.7328 or the 78.6% Fibonacci retracement of the rally from the low of $0.4477 on January 23 to its peak of $0.8104.

#ada
#ada long cmp636-742 tp-73-83
#ada long cmp636-742
tp-73-83
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#ada/usdt Price is trading above the ma 50 and trying to breakout from the dashed resistance👀 Up we go to the upper border of the ascending channel after breakout✈️ #ada #bitcoin #btc #cardano
#ada/usdt

Price is trading above the ma 50 and trying to breakout from the dashed resistance👀

Up we go to the upper border of the ascending channel after breakout✈️ #ada #bitcoin #btc #cardano
$BTC current bear will be due to Russia vs Ukraine. As ISIS has attacked on Russia yesterday.Now Russia has prepared their army to attack on the Europe and Ukraine. Russia think that Europe is behind on this attack. some of the biggest dump is on the way due to this reason. #BTC🔥🔥🔥🔥 #write2earn #xrp #ada #sol
$BTC
current bear will be due to Russia vs Ukraine.
As ISIS has attacked on Russia yesterday.Now Russia has prepared their army to attack on the Europe and Ukraine.
Russia think that Europe is behind on this attack.
some of the biggest dump is on the way due to this reason.
#BTC🔥🔥🔥🔥 #write2earn #xrp #ada #sol
Cardano’s Milestone Approach: Will ADA’s Rally Intensify?Smart contract development on Cardano (ADA) has surged over the past few days, with a 171.45% increase in Plutus scrips since the beginning of the year, evidence of strong interest and commitment to advancing Cardano’s blockchain. This increase could result in growing appeal to developers and users, potentially raising its market value. With the daily addition of nearly 500 new smart contracts, especially focused on Plutus V2, Cardano demonstrates its ability to constantly adapt and improve. Plutus V2 improves cost efficiency and transaction size, as well as offering developers a more versatile and scalable environment for creating decentralized applications. However, despite these gains, ADA’s price has only increased by 6% in the last month, and Cardano’s market capitalization has declined, placing it in ninth place among cryptocurrencies. This slow price movement suggests that, although there is technical progress, the market may not be fully appreciating these developments yet. The increase in network activity, marked by an increase in daily active wallets and a boom in the decentralized finance ecosystem (DeFi), along with being a leader in development activity, highlights the dynamism of the Cardano community. These factors, coupled with positive indicators such as an improving MVRV ratio and high social volume, indicate that Cardano may be approaching a positive inflection point. Although ADA’s recent price action has been subdued, historical patterns and analysis of chain metrics suggest a potential shift to an uptrend soon. Cardano’s popularity and active network development provide a strong case for its long-term viability, despite recent fluctuations in its valuation. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #Cardano's #ada

Cardano’s Milestone Approach: Will ADA’s Rally Intensify?

Smart contract development on Cardano (ADA) has surged over the past few days, with a 171.45% increase in Plutus scrips since the beginning of the year, evidence of strong interest and commitment to advancing Cardano’s blockchain. This increase could result in growing appeal to developers and users, potentially raising its market value.

With the daily addition of nearly 500 new smart contracts, especially focused on Plutus V2, Cardano demonstrates its ability to constantly adapt and improve. Plutus V2 improves cost efficiency and transaction size, as well as offering developers a more versatile and scalable environment for creating decentralized applications.

However, despite these gains, ADA’s price has only increased by 6% in the last month, and Cardano’s market capitalization has declined, placing it in ninth place among cryptocurrencies. This slow price movement suggests that, although there is technical progress, the market may not be fully appreciating these developments yet.
The increase in network activity, marked by an increase in daily active wallets and a boom in the decentralized finance ecosystem (DeFi), along with being a leader in development activity, highlights the dynamism of the Cardano community.
These factors, coupled with positive indicators such as an improving MVRV ratio and high social volume, indicate that Cardano may be approaching a positive inflection point.

Although ADA’s recent price action has been subdued, historical patterns and analysis of chain metrics suggest a potential shift to an uptrend soon.

Cardano’s popularity and active network development provide a strong case for its long-term viability, despite recent fluctuations in its valuation.

⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Cardano's #ada
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$XRP $XRP holders are you ready to print passive income. Soon $XRP will reache at 1$ boom,🥳🥳 what's your suggestion about ripple is it dead or not. I think it will go above $5 dollar. #HotTrends #write2earn #BOME #ada #xrp
$XRP

$XRP holders are you ready to print passive income.

Soon $XRP will reache at 1$ boom,🥳🥳

what's your suggestion about ripple is it dead or not.

I think it will go above $5 dollar.

#HotTrends #write2earn #BOME #ada #xrp
Forecast for this week's Cardano and XRP pricesThere was little on-chain selling of $XRP . On the one-day chart, #Cardano showed signs of negative momentum, which might lead to a decline in price. Based on indicators like development activity and active wallets, Cardano [ADA] has an optimistic on-chain outlook. Accumulation of Ripple [XRP] was also seen throughout the network. $ADA However, mood in the cryptocurrency market has been somewhat subdued during the last two weeks. The decline in Bitcoin's [BTC] value dampened the enthusiasm of the bulls. Am I supposed to buy stocks on the cheap? In the early part of March, there was a temporary reversal of the 4-hour bearish order block, which turned into support. The bulls lost their grip, which was unfortunate for them. The current Cardano market structure is positive on the But the relative strength index (RSI) was below neutral 50, indicating that negative momentum was gathering. The OBV was looking to the highs of December for support once again. If it could maintain its current level, it would indicate a positive tilt in the long run. We expect a move to occur between $0.586 and $0.523, which are the 61.8%-78.6% retracement levels. Liquidity has accumulated under the $0.567 level, which has provided support for the last month. The $0.57-$0.574 range was clearly not a major focus, according to the liquidation heatmap. There were more liquidation levels in the $0.52-$0.54 range. Therefore, it was more probable that this support zone will be reached if Cardano prices continue to fall. Further losses were possible, but a rebound was probable subsequently, according on the combination of price action and the liquidation heatmap. Ever since August 2023, XRP has been trading in a narrow range. Price points varied from $0.46 to $0.7. During the last three weeks, the price has attempted to break through the $0.58 support level. The $0.54 level was indicated as a potential move by the Fibonacci levels. It would be a great time to purchase during such a retracement. The $0.527-$0.552 range served as a demand zone for XRP prices during the February rise, suggesting a potential retest might occur there. The OBV had a hard time breaking through the July 2023 highs. The eight-month range that #XRP has been trapped in was well-supported by this. In addition, the RSI indicated that momentum was neutral throughout the previous week. As of the time of writing, XRP's Weighted Sentiment was somewhat negative. Over the last thirty days, it has only been consistently positive for one day at a time. Along with the price, the Open Interest on XRP futures has been trending down over the last 10 days, suggesting that bullish confidence has decreased significantly. Regardless, there has been little activity in the age-consumed metric, which means that significant moves in XRP tokens have not occurred lately. #ada #HotTrends

Forecast for this week's Cardano and XRP prices

There was little on-chain selling of $XRP .

On the one-day chart, #Cardano showed signs of negative momentum, which might lead to a decline in price.

Based on indicators like development activity and active wallets, Cardano [ADA] has an optimistic on-chain outlook. Accumulation of Ripple [XRP] was also seen throughout the network. $ADA

However, mood in the cryptocurrency market has been somewhat subdued during the last two weeks. The decline in Bitcoin's [BTC] value dampened the enthusiasm of the bulls. Am I supposed to buy stocks on the cheap?

In the early part of March, there was a temporary reversal of the 4-hour bearish order block, which turned into support. The bulls lost their grip, which was unfortunate for them.

The current Cardano market structure is positive on the

But the relative strength index (RSI) was below neutral 50, indicating that negative momentum was gathering. The OBV was looking to the highs of December for support once again.

If it could maintain its current level, it would indicate a positive tilt in the long run.

We expect a move to occur between $0.586 and $0.523, which are the 61.8%-78.6% retracement levels. Liquidity has accumulated under the $0.567 level, which has provided support for the last month.

The $0.57-$0.574 range was clearly not a major focus, according to the liquidation heatmap. There were more liquidation levels in the $0.52-$0.54 range.

Therefore, it was more probable that this support zone will be reached if Cardano prices continue to fall.

Further losses were possible, but a rebound was probable subsequently, according on the combination of price action and the liquidation heatmap.

Ever since August 2023, XRP has been trading in a narrow range. Price points varied from $0.46 to $0.7. During the last three weeks, the price has attempted to break through the $0.58 support level.

The $0.54 level was indicated as a potential move by the Fibonacci levels.

It would be a great time to purchase during such a retracement. The $0.527-$0.552 range served as a demand zone for XRP prices during the February rise, suggesting a potential retest might occur there.

The OBV had a hard time breaking through the July 2023 highs. The eight-month range that #XRP has been trapped in was well-supported by this.

In addition, the RSI indicated that momentum was neutral throughout the previous week.

As of the time of writing, XRP's Weighted Sentiment was somewhat negative. Over the last thirty days, it has only been consistently positive for one day at a time.

Along with the price, the Open Interest on XRP futures has been trending down over the last 10 days, suggesting that bullish confidence has decreased significantly.

Regardless, there has been little activity in the age-consumed metric, which means that significant moves in XRP tokens have not occurred lately.

#ada #HotTrends
The Cryptocurrencies with the ability to reach $1 Several #cryptocurrencies currently trading under $1 have the potential to reach $1, but it's important to consider that the cryptocurrency market is highly volatile and unpredictable. Here are a few examples: #Meme coins like #Dogecoin (#DOGE) and Shiba Inu (#SHIB) have gained popularity due to social media hype and celebrity endorsements. However, their long-term value depends on wider adoption and development of real-world use cases. New coins launched through initial coin offerings (#ICOs) may have the potential for significant growth, but they also carry a high degree of risk. Investors should carefully research any ICO before investing. Established coins like XRP (#Ripple) and Cardano (ADA) have the potential to reach $1 if they gain wider adoption in their respective fields. For example, XRP is used for international payments, while Cardano is a smart contracts platform. #Write2Earn #TradeNTell  #hottrends #bnbchain #ada #cardano
The Cryptocurrencies with the ability to reach $1

Several #cryptocurrencies currently trading under $1 have the potential to reach $1, but it's important to consider that the cryptocurrency market is highly volatile and unpredictable. Here are a few examples:

#Meme coins like #Dogecoin (#DOGE) and Shiba Inu (#SHIB) have gained popularity due to social media hype and celebrity endorsements. However, their long-term value depends on wider adoption and development of real-world use cases.

New coins launched through initial coin offerings (#ICOs) may have the potential for significant growth, but they also carry a high degree of risk. Investors should carefully research any ICO before investing.

Established coins like XRP (#Ripple) and Cardano (ADA) have the potential to reach $1 if they gain wider adoption in their respective fields. For example, XRP is used for international payments, while Cardano is a smart contracts platform.

#Write2Earn

#TradeNTell 

#hottrends

#bnbchain

#ada
#cardano
How to Handle the Top 5 Altcoins During a Crypto Market Drop 1. **Ethereum (ETH):**#eth Ethereum's price was pretty steady for a while, moving between $2,700 and $3,1578. Then, it suddenly rose by about 23% as buyers took over. The market stayed quiet for a few days after this jump. After dropping to as low as $3,239, buyers stepped in again and pushed the price up by 21.70% over the next six days. 2. **Solana (SOL):**#Solana After a quiet period, buyers took charge again and boosted SOL's price by 26%. The market stayed level for a bit after that. Then, after some hesitation, buyers pushed hard and the price jumped by 30.87%, breaking through a major resistance level. The price leveled off until it finally crossed the $200 mark. 3. **Dogecoin (DOGE):**#Doge Dogecoin saw an amazing jump of 79.14% in just five days after a time of little movement. After this leap, the price stayed fairly steady before it made another significant rise of almost 49% in the following two days. However, the price then dropped by 29.75% when it hit $0.195. For more than two weeks, the price hovered between $0.146 and $0.195, supported by the Cross EMA 50-day. 4. **Cardano (ADA):**#ada Cardano has faced a downturn like many other cryptocurrencies. Understanding ADA's situation requires looking at the bigger picture, which doesn't always mean a total crash. 5. **Polkadot (DOT):**#dot Polkadot's price faced a strong rejection between $4.335 and $4.631. Despite the recent fall, DOT found support at $3.756 and is now at a turning point, with a support zone nearby and a possible rise to the $5 level ahead.
How to Handle the Top 5 Altcoins During a Crypto Market Drop
1. **Ethereum (ETH):**#eth
Ethereum's price was pretty steady for a while, moving between $2,700 and $3,1578. Then, it suddenly rose by about 23% as buyers took over. The market stayed quiet for a few days after this jump. After dropping to as low as $3,239, buyers stepped in again and pushed the price up by 21.70% over the next six days.
2. **Solana (SOL):**#Solana
After a quiet period, buyers took charge again and boosted SOL's price by 26%. The market stayed level for a bit after that. Then, after some hesitation, buyers pushed hard and the price jumped by 30.87%, breaking through a major resistance level. The price leveled off until it finally crossed the $200 mark.
3. **Dogecoin (DOGE):**#Doge
Dogecoin saw an amazing jump of 79.14% in just five days after a time of little movement. After this leap, the price stayed fairly steady before it made another significant rise of almost 49% in the following two days. However, the price then dropped by 29.75% when it hit $0.195. For more than two weeks, the price hovered between $0.146 and $0.195, supported by the Cross EMA 50-day.
4. **Cardano (ADA):**#ada
Cardano has faced a downturn like many other cryptocurrencies. Understanding ADA's situation requires looking at the bigger picture, which doesn't always mean a total crash.
5. **Polkadot (DOT):**#dot
Polkadot's price faced a strong rejection between $4.335 and $4.631. Despite the recent fall, DOT found support at $3.756 and is now at a turning point, with a support zone nearby and a possible rise to the $5 level ahead.
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$BTC My target for the next 12th month is: 1$BTC $100k 2$ETH $10-$15k 3#bnb 900$-1400$ 4#xrp $3-$5 5#ada $5-$10$ what's your opinion tell me.
$BTC
My target for the next 12th month is:

1$BTC $100k
2$ETH $10-$15k
3#bnb 900$-1400$
4#xrp $3-$5
5#ada $5-$10$

what's your opinion tell me.
Chainlink, Cardano, Polkadot Amongst Most Developed AltcoinsSeveral altcoins have emerged as front-runners in terms of development and community engagement. According to recent blockchain analytics by Santiment, Chainlink, Cardano, and Polkadot lead the pack with the most significant github activity over the past 30 days. This metric, an indicator of non-redundant project contributions and enhancements, positions these digital assets as key players in the blockchain innovation race. Chainlink, Cardano, Polkadot Stand Out Chainlink, known for its decentralized oracle network facilitating smart contracts, has shown remarkable development efforts. Analyst Michaël van de Poppe highlighted Chainlink’s recent successful retest of support levels, suggesting an optimistic trajectory for its value. Echoing this sentiment, analyst Inmortal set an ambitious $34 price target for Chainlink, underlining the high expectations from its technological advancements and market performance. Cardano, with its robust Proof-of-Stake (PoS) blockchain, has not only seen a surge in development activities but also a significant uptick in social engagement. LunarCrush reported a 131.7% increase in social creators and a 270.7% jump in social posts about Cardano over the last three months, leading to a 33.1% rise in total social interactions. This heightened social buzz complements Cardano’s substantial growth in Total Value Locked (TVL), which has recently hit the $600 million mark. Crypto analyst Lark Davis pointed out that despite being overlooked in the current cycle, Cardano’s increasing TVL signifies its growing utility and adoption. Polkadot unique interoperability and scalable multi-chain architecture have caught the eye of investors and developers alike. Trader XO expressed interest in Polkadot’s price holding between $6-$8 as a buying opportunity. He remains bullish on its long-term potential, suggesting a possible rally to $12 or even $20, contingent on its market resilience and community growth. These developments underscore the vibrant ecosystem of altcoins beyond the dominant Bitcoin and Ethereum narratives. Chainlink, Cardano, and Polkadot, with their cutting-edge technologies and growing communities, are shaping the future of blockchain and offering promising investment opportunities. $LINK $ADA $DOT #link #dot #ada

Chainlink, Cardano, Polkadot Amongst Most Developed Altcoins

Several altcoins have emerged as front-runners in terms of development and community engagement.
According to recent blockchain analytics by Santiment, Chainlink, Cardano, and Polkadot lead the pack with the most significant github activity over the past 30 days. This metric, an indicator of non-redundant project contributions and enhancements, positions these digital assets as key players in the blockchain innovation race.
Chainlink, Cardano, Polkadot Stand Out
Chainlink, known for its decentralized oracle network facilitating smart contracts, has shown remarkable development efforts.
Analyst Michaël van de Poppe highlighted Chainlink’s recent successful retest of support levels, suggesting an optimistic trajectory for its value. Echoing this sentiment, analyst Inmortal set an ambitious $34 price target for Chainlink, underlining the high expectations from its technological advancements and market performance.

Cardano, with its robust Proof-of-Stake (PoS) blockchain, has not only seen a surge in development activities but also a significant uptick in social engagement.
LunarCrush reported a 131.7% increase in social creators and a 270.7% jump in social posts about Cardano over the last three months, leading to a 33.1% rise in total social interactions. This heightened social buzz complements Cardano’s substantial growth in Total Value Locked (TVL), which has recently hit the $600 million mark.
Crypto analyst Lark Davis pointed out that despite being overlooked in the current cycle, Cardano’s increasing TVL signifies its growing utility and adoption.

Polkadot unique interoperability and scalable multi-chain architecture have caught the eye of investors and developers alike.
Trader XO expressed interest in Polkadot’s price holding between $6-$8 as a buying opportunity. He remains bullish on its long-term potential, suggesting a possible rally to $12 or even $20, contingent on its market resilience and community growth.
These developments underscore the vibrant ecosystem of altcoins beyond the dominant Bitcoin and Ethereum narratives. Chainlink, Cardano, and Polkadot, with their cutting-edge technologies and growing communities, are shaping the future of blockchain and offering promising investment opportunities.
$LINK $ADA $DOT #link #dot #ada
🚀🤑 Cardano (ADA) Positioned for a Remarkable 2000% Surge to $12 New All-Time Highs 🚀🤑 Despite recent market volatility sparked by Bitcoin's correction, Cardano (ADA), currently ranked 9th by market capitalization, is showing resilience and potential for a significant upward movement. Following a slight pullback from its recent peak at $0.810, ADA is aiming to reclaim the $1 milestone, a level not seen since April 2022. Renowned crypto analyst "Trend Rider" has identified a bullish shift in ADA's market dynamics. Analysis of the two-week chart reveals indicators transitioning from bearish to bullish, reminiscent of patterns observed before ADA's historic bull run in April 2021. Comparing to the surge witnessed in 2021, where ADA soared over 2000% to reach an all-time high of $3.168, there is potential for ADA to surpass $1 and potentially target $12.6. To sustain this positive momentum, ADA must maintain crucial support levels, estimated to be between $0.45 and $0.52. Additionally, promising metrics within the Cardano ecosystem bolster this optimistic outlook. Data from Token Terminal indicates significant increases in market capitalization, trading volume, and fees, indicating growing adoption of the Cardano network. With a fully diluted market capitalization nearing $30 billion and a circulating market capitalization exceeding $23 billion, Cardano is experiencing notable growth. Trading volume has surged by 117.5% over the past month, signaling heightened interest from investors. Furthermore, fees generated within the Cardano network have seen a substantial increase of 36.5%, indicating a rise in network usage for various transactions and applications. Despite ADA's current price of $0.603, reflecting a 2.6% decline in the last 24 hours, optimism remains high for its potential trajectory. As ADA prepares for a potential bullish rally, attention is focused on surpassing the $1 milestone and beyond, representing a significant milestone for the Cardano community. #HotTrends #TrendingTopic #BTC🔥🔥🔥🔥 #ETH #ada #Solana🚀
🚀🤑 Cardano (ADA) Positioned for a Remarkable 2000% Surge to $12 New All-Time Highs 🚀🤑

Despite recent market volatility sparked by Bitcoin's correction, Cardano (ADA), currently ranked 9th by market capitalization, is showing resilience and potential for a significant upward movement. Following a slight pullback from its recent peak at $0.810, ADA is aiming to reclaim the $1 milestone, a level not seen since April 2022.

Renowned crypto analyst "Trend Rider" has identified a bullish shift in ADA's market dynamics. Analysis of the two-week chart reveals indicators transitioning from bearish to bullish, reminiscent of patterns observed before ADA's historic bull run in April 2021.

Comparing to the surge witnessed in 2021, where ADA soared over 2000% to reach an all-time high of $3.168, there is potential for ADA to surpass $1 and potentially target $12.6.

To sustain this positive momentum, ADA must maintain crucial support levels, estimated to be between $0.45 and $0.52. Additionally, promising metrics within the Cardano ecosystem bolster this optimistic outlook. Data from Token Terminal indicates significant increases in market capitalization, trading volume, and fees, indicating growing adoption of the Cardano network.

With a fully diluted market capitalization nearing $30 billion and a circulating market capitalization exceeding $23 billion, Cardano is experiencing notable growth. Trading volume has surged by 117.5% over the past month, signaling heightened interest from investors.

Furthermore, fees generated within the Cardano network have seen a substantial increase of 36.5%, indicating a rise in network usage for various transactions and applications.

Despite ADA's current price of $0.603, reflecting a 2.6% decline in the last 24 hours, optimism remains high for its potential trajectory. As ADA prepares for a potential bullish rally, attention is focused on surpassing the $1 milestone and beyond, representing a significant milestone for the Cardano community. #HotTrends #TrendingTopic #BTC🔥🔥🔥🔥 #ETH #ada #Solana🚀
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