$ADA consolidating above support after a strong breakout A | Alice_james en Binance Square

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$ADA  consolidándose por encima del soporte después de una fuerte ruptura
Una ruptura por debajo podría llevar a una nueva prueba del nivel de ruptura en 0,42$
#altcoins  #ETHETFsApproved  

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

ADA

0,3303

-2.01%

507

0

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$ADA Cardano (ADA) on the Rise: Can it Reach $0.36? Cardano (ADA) is buzzing with excitement thanks to recent developments and a potential price breakout Here's the scoop: Hydra Power: The RareEvo event showcased Cardano's Hydra scaling solution, achieving impressive results: • 3 Million Transactions in 1 Hour: This demonstrates Hydra's potential to significantly increase transaction speed • 1663 TPS Peak: This blows past Cardano's current limitations and paves the way for smoother network operations • $1 Million Bounty: Charles Hoskinson's announcement for a Lace Paper wallet hack further fuels community confidence Price Analysis: > Current Price: $0.3333 (as of August 19, 2024) > Technical Outlook: ADA is trending within a descending channel, but a breakout could be imminent. > Support Levels: $0.3188 is the key support zone to watch. > Resistance Levels: Overcoming $0.3380, $0.3366, and $0.3637 would signal a bullish shift. Bullish Sentiment: - Long Positions: The majority of margin traders on Cardano are Long, anticipating a price increase - Technical Indicators: While momentum is still building, they point towards a neutral-to-bullish sentiment Share your thoughts on CARDANO’s future and potential impact of Hydra in comments below #CardanoMagic #ADA.智能策略库🥇🥇 #AdaFundamentals

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