BOSS Wallet data source, the latest price news of Cardano, ADA real-time price rose by 2.03% to $1.063, and the transaction volume was $1.694 billion

According to the analysis of the K-line chart, the current trend is oscillating. It has risen significantly compared to 07:00 and has fallen slightly compared to 02:00. The simultaneous rise in price and trading volume usually points to strong buying support in the market.
Buyers are trading heavily at higher price levels, indicating that market sentiment is optimistic and bullish. Against this backdrop, prices are likely to continue to rise in the future as the market's momentum remains strong and buying continues to pour in.
Investors should focus on the breakthrough of key resistance levels. If the price can continue to break through and stabilize at higher levels, it indicates the continuation of the upward trend. Overbought condition, active market, strong upward momentum. According to the Williams indicator, it is currently in an overbought state.
Recently, trading volume has increased, with volume rising compared to the previous few hours. Both price and volume are increasing: active trading, strong upward momentum.
The market buy orders are strong, and the price is expected to continue rising. It is suggested that short-term investors appropriately increase their positions.

The above content is for reference only and does not constitute investment advice.