Cardano has been stuck below 30 cents for weeks, and its ranking among global cryptocurrencies has slipped to 12th place. Against that backdrop, a trader is now arguing the coin could still reach $2 — and sooner than most people think. The Math Behind The Claim The argument comes from Yesreel, a crypto trader with…
Tag: Cardano
Cardano Price At Multi-Year Support That Previously Led To 200% Rally – ADA Recovery Ahead?
As Cardano (ADA) retests a key multi-year level that previously led to significant price increases, some analysts point to on-chain and derivative signals suggesting a potential price recovery for the altcoin. Cardano Retests Key Macro Support On Tuesday, Cardano dropped 3% to retest a crucial macro support level. The altcoin has been trading between $0.25-$0.30…
Cardano Bottom Signal? Shorts Hit Highest Level Since June 2023
Cardano may be flashing the kind of contrarian setup that traders tend to watch closely near exhausted selloffs. According to on-chain and derivatives data shared by Santiment, ADA’s 365-day MVRV has fallen to -43% while Binance funding shows the highest imbalance toward shorts since June 2023, a combination the analytics firm argues has historically aligned…
Cardano Red Month Is Far From Over: Analyst Predicts Crash To This Target
Like other altcoins in the space, the Cardano price has suffered a tremendous amount of losses over the last few months. This relentless sell-off has pushed the ADA price so low that it is now sitting at levels not seen since the last bear market. Even now, Cardano remains in danger of further decline, as…
Cardano Sharks & Whales Quietly Accumulate 819M ADA Amid Price Decline
On-chain data shows the Cardano sharks and whales have quietly been accumulating the asset even as the price has gone through a drawdown. Cardano Sharks & Whales Have Increased Supply Share By 1.6% In a new sharks and whales. The indicator of interest here is the “Supply Distribution,” which tells us about the amount of…
Why Buying Cardano (ADA) Here Could Mean Weeks Of Dead Money
Cardano’s (ADA) current price may look tempting, especially as it sits deep in oversold territory, but cheap doesn’t always mean opportunity. When momentum is absent and structure remains weak, early buyers often find themselves stuck watching price drift sideways for weeks. For ADA, the real question isn’t how low it has gone; it’s whether it…
CME Group To Launch Cardano, Chainlink, Stellar Futures Amid Crypto Lineup Expansion – Details
Leading derivatives exchange CME plans to add futures contracts tied to Cardano (ADA), Chainlink (LINK), and Stellar (XLM) to continue growing its roster of regulated crypto derivatives. CME Adds New Altcoins To Crypto Derivatives Lineup On Thursday, Chicago-based derivatives exchange CME Group announced a new expansion of its lineup of regulated crypto derivatives with the…
Bitcoin’s Next Peak Might Ignite ADA’s Rally, Says Cardano Creator
Cardano rallied this month after a clear rebound from a low zone around $0.33–$0.35. Prices jumped more than 10% on January 2, and ADA is up 20% year-to-date. Reports have disclosed that whale activity spiked on that day across both spot and futures markets, according to recent data. Governance on January 8 approved a 70…
Crypto Headed For A $10 Trillion Future? Hoskinson Says RWA Is The Key
Charles Hoskinson isn’t backing away from big predictions. The Cardano founder says crypto is still early, despite years of growth and repeated boom-and-bust cycles. In his view, the industry is setting up for something much larger—both in size and in reach. Today, crypto counts more than 500 million users worldwide. The combined market value already…
Cardano Retests Line That Has Triggered Strong Rebounds Since Nov 2024
An analyst has pointed out how Cardano is retesting a level that has helped the asset’s price rebound multiple times during the past year. Cardano Is Retesting The Support Level Of A Parallel Channel In a new Parallel Channel, a type of consolidation channel from technical analysis (TA). A Parallel Channel forms whenever an asset’s…