🚨 ADA CARDANO HAS SERIOUS PROBLEMS BEFORE THINKING ABOUT A RALLY - $0.21 NOW
Live price Binance: ADAUSDT $0.22 today +8.31% but below long-term averages
What’s happening:
CaptainAltcoin spotted that Cardano has only $65M in TVL and $555k in DEX volume in 24h.
Only 13,800 active addresses. Empty network. Meanwhile it suffered an exploit of 2.4M ADA on StableSwap and OADA holders can’t withdraw.
Confidence shaken.
Price is squeezed in a symmetric triangle at $0.1956; it needs a weekly breakout to confirm a rise.
I prefer caution:
For me, ADA is a trap.
Critical support at $0.137 - if it breaks, it goes to $0.10 and $0.08.
Strong resistance at $0.28 and $0.33.
Until it closes above $0.28, it’s not a buy—it’s selling on a rally.
It’s below the 200-day EMA at $0.2436.
Even with a Mastercard partnership and an ETF from T. Rowe Price with 0.43% in ADA, there’s no flow.
I’d rather focus on ZEC, XMR, Link.
Do you still hold ADA or have you moved to privacy coins?
Follow me for more content about investments and altcoins.
#ADA #Cardano #BinanceSquare #Crypto
Live price Binance: ADAUSDT $0.22 today +8.31% but below long-term averages
What’s happening:
CaptainAltcoin spotted that Cardano has only $65M in TVL and $555k in DEX volume in 24h.
Only 13,800 active addresses. Empty network. Meanwhile it suffered an exploit of 2.4M ADA on StableSwap and OADA holders can’t withdraw.
Confidence shaken.
Price is squeezed in a symmetric triangle at $0.1956; it needs a weekly breakout to confirm a rise.
I prefer caution:
For me, ADA is a trap.
Critical support at $0.137 - if it breaks, it goes to $0.10 and $0.08.
Strong resistance at $0.28 and $0.33.
Until it closes above $0.28, it’s not a buy—it’s selling on a rally.
It’s below the 200-day EMA at $0.2436.
Even with a Mastercard partnership and an ETF from T. Rowe Price with 0.43% in ADA, there’s no flow.
I’d rather focus on ZEC, XMR, Link.
Do you still hold ADA or have you moved to privacy coins?
Follow me for more content about investments and altcoins.
#ADA #Cardano #BinanceSquare #Crypto