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Cardano Bucks Bears As Large Transactions Climb To $10 Billion, Can This Drive Price To $1?
The Cardano decline in the past week seems to be coming to an end, as evidenced by on-chain data. While the overall crypto market has been in a slump, Cardano is starting to buck the trend. ADA, Cardano’s native token, has seen a huge surge in on-chain transactions from large holders, indicating sporadic activity and interest in the blockchain. Notably, transaction data shows that Cardano has registered over $10 billion worth of large transactions in the past 24 hours, representing a 26% increase within the time frame. Furthermore, this puts the worth of ADA large transactions at $32.54 billion in the past seven days.
Cardano Large Transactions Climb To $10 Billion in 24 Hours
Cardano, like most altcoins, has been going through a turbulent price action since the beginning of the month. This decline was further exacerbated by Bitcoin’s drop below $65,000 in the past 48 hours. However, Cardano now seems to be building bullish momentum, particularly from large holders. In the past 24 hours alone, 27.17 billion ADA, amounting to $10.43 billion, was traded between large holders, according to ITB.
Related Reading
Interestingly, the number of Cardano large transactions jumped to 851 in the past 24 hours, which is a 107% increase from 410 of such transactions recorded on June 16th.
IntoTheBlock’s large transaction metric measures the number of transactions larger than $100,000 on the blockchain. It’s worth noting that while activity from this cohort has grown in the last 24 hours, it remains considerably below the transaction peak of 95,730 set on May 29.
Can The Activity Push ADA To $1?
With activity from large holders starting to increase, a natural question is whether this can translate to significant price appreciation for ADA. Many analysts think ADA still has plenty of room to run if the crypto market recovers and turns bullish again. Cardano, for one, now has its 30-day MVRV ratio at -12.6%, which is a very bullish indicator for a bounce in the short term.
Related Reading
At the time of writing, ADA is trading at $0.3915 and is up by a meager 0.45% in the past 24 hours. Interestingly, recent price action shows ADA bouncing off a 7-month low of $0.3685 on June 18.
The journey to $1 seems tough at the moment, and there are many price resistance levels to overcome. The first step is to push above the $0.400 resistance level. Failure to push above could lead to the start of another decline to $0.37. However, ADA reached an all-time high of $3.10 in September 2021, so reclaiming $1 is not yet out of the game.
ADA price struggles to hold up | Source: ADAUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com
Source: NewsBTC.com
The post Cardano Bucks Bears As Large Transactions Climb To $10 Billion, Can This Drive Price To $1? appeared first on Crypto Breaking News.
Cardano Large Transactions Climb To $10 Billion in 24 Hours
Cardano, like most altcoins, has been going through a turbulent price action since the beginning of the month. This decline was further exacerbated by Bitcoin’s drop below $65,000 in the past 48 hours. However, Cardano now seems to be building bullish momentum, particularly from large holders. In the past 24 hours alone, 27.17 billion ADA, amounting to $10.43 billion, was traded between large holders, according to ITB.
Related Reading
Interestingly, the number of Cardano large transactions jumped to 851 in the past 24 hours, which is a 107% increase from 410 of such transactions recorded on June 16th.
IntoTheBlock’s large transaction metric measures the number of transactions larger than $100,000 on the blockchain. It’s worth noting that while activity from this cohort has grown in the last 24 hours, it remains considerably below the transaction peak of 95,730 set on May 29.
Can The Activity Push ADA To $1?
With activity from large holders starting to increase, a natural question is whether this can translate to significant price appreciation for ADA. Many analysts think ADA still has plenty of room to run if the crypto market recovers and turns bullish again. Cardano, for one, now has its 30-day MVRV ratio at -12.6%, which is a very bullish indicator for a bounce in the short term.
Related Reading
At the time of writing, ADA is trading at $0.3915 and is up by a meager 0.45% in the past 24 hours. Interestingly, recent price action shows ADA bouncing off a 7-month low of $0.3685 on June 18.
The journey to $1 seems tough at the moment, and there are many price resistance levels to overcome. The first step is to push above the $0.400 resistance level. Failure to push above could lead to the start of another decline to $0.37. However, ADA reached an all-time high of $3.10 in September 2021, so reclaiming $1 is not yet out of the game.
ADA price struggles to hold up | Source: ADAUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com
Source: NewsBTC.com
The post Cardano Bucks Bears As Large Transactions Climb To $10 Billion, Can This Drive Price To $1? appeared first on Crypto Breaking News.
This Could Be "Rocket Fuel" For XRP and Cardano (ADA)
According to cryptocurrency analytics platform Santiment, XRP, and Cardano (ADA) are among the most heavily-shorted cryptocurrencies following their recent relief bounces.
The firm has stated that this could potentially be a good sign for the bulls since liquidated shorts could act as "rocket fuel" for sustained price increases.
A "short squeeze" occurs when a large number of holders are betting against a certain cryptocurrency, causing a significant imbalance between supply and demand.
As reported by U.Today, the XRP cryptocurrency recently managed to decouple from Bitcoin, the leading cryptocurrency. On July 17, it gained as much as 7% against the crypto king while also outperforming the entire top 100.
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Meanwhile, ADA is benefiting from the hype surrounding the upcoming launch of the "Chang" hard fork that will start a new era with decentralized governance. As reported by U.Today, Cardano founder Charles Hoskinson stated that this would be the biggest milestone in the history of the proof-of-stake network as well as the broader cryptocurrency industry.
XRP and ADA are currently in 8th and 11th places by market value after surging 3.7% and 4.7% over the past 24 hours, respectively.
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So far, the aforementioned cryptocurrencies have not experienced substantial volatility. Coinglass data shows that $1.02 million worth of XRP and $217,830 worth of ADA have been liquidated in one day. However, these liquidations could grow substantially if aggressive shorting continues. A rapid rise in price caused by a short squeeze could cause a cascade of liquidations.
The firm has stated that this could potentially be a good sign for the bulls since liquidated shorts could act as "rocket fuel" for sustained price increases.
A "short squeeze" occurs when a large number of holders are betting against a certain cryptocurrency, causing a significant imbalance between supply and demand.
As reported by U.Today, the XRP cryptocurrency recently managed to decouple from Bitcoin, the leading cryptocurrency. On July 17, it gained as much as 7% against the crypto king while also outperforming the entire top 100.
card
Meanwhile, ADA is benefiting from the hype surrounding the upcoming launch of the "Chang" hard fork that will start a new era with decentralized governance. As reported by U.Today, Cardano founder Charles Hoskinson stated that this would be the biggest milestone in the history of the proof-of-stake network as well as the broader cryptocurrency industry.
XRP and ADA are currently in 8th and 11th places by market value after surging 3.7% and 4.7% over the past 24 hours, respectively.
card
So far, the aforementioned cryptocurrencies have not experienced substantial volatility. Coinglass data shows that $1.02 million worth of XRP and $217,830 worth of ADA have been liquidated in one day. However, these liquidations could grow substantially if aggressive shorting continues. A rapid rise in price caused by a short squeeze could cause a cascade of liquidations.
27 Billion Cardano (ADA) Stun Market Bears
Of the digital currencies with a rather slow response to general market trends, Cardano (ADA) is one. However, it has made a definitive rebound over the past 24 hours, with its price jumping 3.27% to $0.3855. It is worth noting that Cardano is one of the few altcoins in the top 10 with positive price action at the moment.
27 billion Cardano thrill
According to data from crypto analytics platform IntoTheBlock, Cardano recorded a 26.97% jump in large transactions in 24 hours to record a total volume of $10.43 billion. While Cardano is known for its whale boom stunts, this latest pull-up comes off as a unique one, considering the state of the altcoin.
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In ADA terms, this $10.43 billion worth of coins traded comes in at 27.17 billion units of the asset traded in 24 hours. For Cardano, with over 35.7 billion ADA in circulation, the large transaction volume implies more than 76% of the asset. This massive volume apparently stunned ADA bears and helped forestall sustained sell-offs.
Prior to today, Cardano has maintained imbalanced performance on the market, dropping as low as 13.15% in 24 hours and by over 18% over the past month. The whale transaction is now expected to help ADA match its growth fundamentals to set a sustained growth course.
Build up bullish momentum
There is very strong competition ongoing in the crypto ecosystem, and it has largely kept Cardano in a tight spot. The digital currency has, however, been building up its bullish momentum over the past few days.
As reported early by U.Today, Cardano recorded an equally boosted volume on June 18, signaling more visible buying interest from all categories of buyers.
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One major trend that might further enhance Cardano’s recovery is the suspension of the probe into Ethereum as a security by the SEC. This suspension shows Cardano might also be cleared of related accusations from the market regulator.
27 billion Cardano thrill
According to data from crypto analytics platform IntoTheBlock, Cardano recorded a 26.97% jump in large transactions in 24 hours to record a total volume of $10.43 billion. While Cardano is known for its whale boom stunts, this latest pull-up comes off as a unique one, considering the state of the altcoin.
card
In ADA terms, this $10.43 billion worth of coins traded comes in at 27.17 billion units of the asset traded in 24 hours. For Cardano, with over 35.7 billion ADA in circulation, the large transaction volume implies more than 76% of the asset. This massive volume apparently stunned ADA bears and helped forestall sustained sell-offs.
Prior to today, Cardano has maintained imbalanced performance on the market, dropping as low as 13.15% in 24 hours and by over 18% over the past month. The whale transaction is now expected to help ADA match its growth fundamentals to set a sustained growth course.
Build up bullish momentum
There is very strong competition ongoing in the crypto ecosystem, and it has largely kept Cardano in a tight spot. The digital currency has, however, been building up its bullish momentum over the past few days.
As reported early by U.Today, Cardano recorded an equally boosted volume on June 18, signaling more visible buying interest from all categories of buyers.
card
One major trend that might further enhance Cardano’s recovery is the suspension of the probe into Ethereum as a security by the SEC. This suspension shows Cardano might also be cleared of related accusations from the market regulator.
Cardano’s Strong Fundamentals Offer Hope in Bearish Crypto Market
Cardano’s strong fundamentals and historical resilience suggest a potential long-term price surge.
Despite recent market downturns, Cardano sees significant investor inflows, indicating growing confidence.
Technical analysis by Cheeky Crypto shows Cardano may soon recover, targeting highs between $5.34 and $12.72.
Despite the crypto market rout that has shaken investor confidence, Cardano (ADA) stands firm, signaling long-term potential. The cryptocurrency’s strong fundamentals and positive inflows, as highlighted in an analysis by Cheeky Crypto, suggest a promising long-term outlook.
Cheeky Crypto addresses the immediate market reaction to the recent altcoin sell-off. Cardano, like many other cryptocurrencies, has faced a decline in prices. At press time, Cardano is priced at $0.3866, reflecting a 12.06% decrease over the past seven days. The market capitalization stands at $13.8 billion, with a 24-hour trading volume of $380.8 million.
This decline is largely attributed to negative investor sentiment, driven by factors such as inflation fears, rising U.S. interest rates, and geopolitical tensions. Despite these challenges, Cardano’s fundamentals remain strong.
Source: Cheeky Crypto
Cheeky Crypto also points out that Cardano has recently found support around the $0.3575 level. This zone has historically provided a strong support base for ADA. Moving averages and Fibonacci retracements suggest that while short-term price swings are expected, the long-term outlook for Cardano remains positive. The analysis indicates that there might be a relief rally followed by another decline, but ultimately a strong recovery.
The analyst emphasizes that macroeconomic factors play a crucial role in the current market dynamics. During times of volatility, investors tend to divest from riskier assets and move towards safer investments. This shift has impacted cryptocurrencies like Cardano. However, Cardano has seen significant inflows while Bitcoin has experienced substantial outflows. This shift indicates growing investor confidence in Cardano’s long-term potential.
Historical data is also a key component of Cheeky Crypto’s analysis. Comparing current market conditions with past events offers insight into possible future movements. Historically, Cardano has shown significant volatility but has consistently bounced back stronger after market corrections. This pattern suggests that the current downturn could be followed by a substantial upward movement.Looking ahead, the analyst predicts that Cardano could reach a high between $5.34 and $12.72, with a small chance of hitting $38. This optimistic outlook is based on Cardano’s ongoing developments, such as enhancements in its governance model and its focus on scalability and sustainability.
The post Cardano’s Strong Fundamentals Offer Hope in Bearish Crypto Market appeared first on Coin Edition.
Despite recent market downturns, Cardano sees significant investor inflows, indicating growing confidence.
Technical analysis by Cheeky Crypto shows Cardano may soon recover, targeting highs between $5.34 and $12.72.
Despite the crypto market rout that has shaken investor confidence, Cardano (ADA) stands firm, signaling long-term potential. The cryptocurrency’s strong fundamentals and positive inflows, as highlighted in an analysis by Cheeky Crypto, suggest a promising long-term outlook.
Cheeky Crypto addresses the immediate market reaction to the recent altcoin sell-off. Cardano, like many other cryptocurrencies, has faced a decline in prices. At press time, Cardano is priced at $0.3866, reflecting a 12.06% decrease over the past seven days. The market capitalization stands at $13.8 billion, with a 24-hour trading volume of $380.8 million.
This decline is largely attributed to negative investor sentiment, driven by factors such as inflation fears, rising U.S. interest rates, and geopolitical tensions. Despite these challenges, Cardano’s fundamentals remain strong.
Source: Cheeky Crypto
Cheeky Crypto also points out that Cardano has recently found support around the $0.3575 level. This zone has historically provided a strong support base for ADA. Moving averages and Fibonacci retracements suggest that while short-term price swings are expected, the long-term outlook for Cardano remains positive. The analysis indicates that there might be a relief rally followed by another decline, but ultimately a strong recovery.
The analyst emphasizes that macroeconomic factors play a crucial role in the current market dynamics. During times of volatility, investors tend to divest from riskier assets and move towards safer investments. This shift has impacted cryptocurrencies like Cardano. However, Cardano has seen significant inflows while Bitcoin has experienced substantial outflows. This shift indicates growing investor confidence in Cardano’s long-term potential.
Historical data is also a key component of Cheeky Crypto’s analysis. Comparing current market conditions with past events offers insight into possible future movements. Historically, Cardano has shown significant volatility but has consistently bounced back stronger after market corrections. This pattern suggests that the current downturn could be followed by a substantial upward movement.Looking ahead, the analyst predicts that Cardano could reach a high between $5.34 and $12.72, with a small chance of hitting $38. This optimistic outlook is based on Cardano’s ongoing developments, such as enhancements in its governance model and its focus on scalability and sustainability.
The post Cardano’s Strong Fundamentals Offer Hope in Bearish Crypto Market appeared first on Coin Edition.
Cardano Surges With $10B in Large Transactions, Defies Market Trends
Cardano experienced a 26.97% increase in large transactions within 24 hours, totaling $10.43 billion.
Over 76% of Cardano’s circulating supply was involved in these large transactions, preventing prolonged sell-offs.
The halt in the SEC’s investigation into Ethereum may signal a more favorable regulatory environment for Cardano.
Cardano (ADA) has recently seen a notable surge in large transactions, increasing by 26.97% within a 24-hour period and bringing its total transaction volume to an impressive $10.43 billion.
This significant movement is particularly striking given the current state of the altcoin and its history of attracting substantial investments from large holders. In the last day alone, 27.17 billion ADA, equating to $10.43 billion, was traded. With over 35.7 billion ADA in circulation, this means more than 76% of Cardano’s available supply was involved in large transactions. This unexpected spike has surprised ADA skeptics and helped prevent extended sell-offs, marking a positive shift for the cryptocurrency.
Prior to this uptick, Cardano had been experiencing a turbulent period, with its market performance dropping as much as 13.15% in a single day and over 18% throughout the past month. The recent whale activity, however, seems poised to align ADA’s growth with its underlying fundamentals, setting the stage for a more sustained upward trajectory.
Amid the fierce competition within the cryptocurrency market, Cardano has been gradually gaining bullish momentum over the past few days. This resurgence was highlighted by an increased trading volume recorded on June 18, indicating a heightened buying interest from a diverse range of investors.
Additionally, a potential catalyst for Cardano’s recovery is the recent halt in the SEC’s investigation into Ethereum’s status as a security. This pause may imply a more favorable regulatory outlook for Cardano as well, possibly alleviating market concerns about similar scrutiny.
Read also:
Daily Crypto Trading Below $10B Last Seen in 2020 Crops
Terra Stocks $1.7B Worth of BTC To Hit $10B Goal
Solana Rockets Past $100, Defies Odds in Crypto Surge
Avalanche’s Remarkable Surge: Defying the Broader Market Decline
Solana Soars toward $200: Defies Market Trends with Impressive Rally
The post Cardano Surges with $10B in Large Transactions, Defies Market Trends appeared first on Crypto News Land.
Over 76% of Cardano’s circulating supply was involved in these large transactions, preventing prolonged sell-offs.
The halt in the SEC’s investigation into Ethereum may signal a more favorable regulatory environment for Cardano.
Cardano (ADA) has recently seen a notable surge in large transactions, increasing by 26.97% within a 24-hour period and bringing its total transaction volume to an impressive $10.43 billion.
This significant movement is particularly striking given the current state of the altcoin and its history of attracting substantial investments from large holders. In the last day alone, 27.17 billion ADA, equating to $10.43 billion, was traded. With over 35.7 billion ADA in circulation, this means more than 76% of Cardano’s available supply was involved in large transactions. This unexpected spike has surprised ADA skeptics and helped prevent extended sell-offs, marking a positive shift for the cryptocurrency.
Prior to this uptick, Cardano had been experiencing a turbulent period, with its market performance dropping as much as 13.15% in a single day and over 18% throughout the past month. The recent whale activity, however, seems poised to align ADA’s growth with its underlying fundamentals, setting the stage for a more sustained upward trajectory.
Amid the fierce competition within the cryptocurrency market, Cardano has been gradually gaining bullish momentum over the past few days. This resurgence was highlighted by an increased trading volume recorded on June 18, indicating a heightened buying interest from a diverse range of investors.
Additionally, a potential catalyst for Cardano’s recovery is the recent halt in the SEC’s investigation into Ethereum’s status as a security. This pause may imply a more favorable regulatory outlook for Cardano as well, possibly alleviating market concerns about similar scrutiny.
Read also:
Daily Crypto Trading Below $10B Last Seen in 2020 Crops
Terra Stocks $1.7B Worth of BTC To Hit $10B Goal
Solana Rockets Past $100, Defies Odds in Crypto Surge
Avalanche’s Remarkable Surge: Defying the Broader Market Decline
Solana Soars toward $200: Defies Market Trends with Impressive Rally
The post Cardano Surges with $10B in Large Transactions, Defies Market Trends appeared first on Crypto News Land.
Short Sellers Target Cardano ($ADA) and $XRP As Crypto Market Looks for Rebound
Short sellers have been increasing their bets against both Cardano ($ADA) and the native token of the XRP Ledger ($XRP) in a potential positive development for poatenti long-term investors as liquidated shorts can help propel these cryptocurrencies’ prices.
That’s according to on-chain analytics firm Santiment, which noted in a post on the microblogging platform X (formerly known as Twitter) that funding rates on cryptocurrency exchange Binance indicate a dominance of short positions over longs since September 2023 for ADA and May 2024 for XRP.
The finding comes as investors seek a revival in the cryptocurrency market, with ADA and XRP emerging as two altcoins experiencing a rise in short positions following a recent price uptick. Short selling sees traders borrow an asset, sell it, and aim to repurchase it later at a lower price to pocket the difference.
📈 Cardano and XRP are a couple of the most notable altcoins that are seeing heavy trader shorting following relief bounces. This is a good sign for patient bulls, as liquidates shorts can effectively act as 'rocket fuel' for continued price rises. pic.twitter.com/lHdMCLbngR
— Santiment (@santimentfeed) June 19, 2024
Earlier this week, Santiment’s analysis identified both ADA and XRP as potentially undervalued. The Market Value to Realized Value (MVRV) ratio, which compares the market capitalization of an asset to the total realized value of all its coins in circulation, indicated ADA could be extremely undervalued and “mild bullish conditions” for XRP. Historically, low MVRV ratios have been followed by price rebounds as undervalued assets attract renewed buying interest.
Market analysts are also echoing Santiment’s optimistic outlook, particularly for XRP and Cardano. A pseudonymous analyst going by Cryptobilbuwoo shared a weekly chart-based analysis suggesting a correlation between XRP’s price movements and altcoin dominance (ALT.D).
Also read: AI Prediction: XRP ($XRP) vs. Cardano ($ADA) – Which Is Likely the Better Buy for the Rest of 2024
His analysis suggests that whenever ALT.D retests an upward trend line, XRP tends to rise, positively impacting the entire altcoin market. Based on his technical analysis, XRP could potentially surge to $2.71, signifying an impending technical rebound.
Meanwhile analysts are suggesting the price of Cardano could soon rebound and its current price level is “an incredible opportunity” to dollar-cost average (DCA) into the cryptocurrency as its price trends down.
Featured image via Unsplash.
That’s according to on-chain analytics firm Santiment, which noted in a post on the microblogging platform X (formerly known as Twitter) that funding rates on cryptocurrency exchange Binance indicate a dominance of short positions over longs since September 2023 for ADA and May 2024 for XRP.
The finding comes as investors seek a revival in the cryptocurrency market, with ADA and XRP emerging as two altcoins experiencing a rise in short positions following a recent price uptick. Short selling sees traders borrow an asset, sell it, and aim to repurchase it later at a lower price to pocket the difference.
📈 Cardano and XRP are a couple of the most notable altcoins that are seeing heavy trader shorting following relief bounces. This is a good sign for patient bulls, as liquidates shorts can effectively act as 'rocket fuel' for continued price rises. pic.twitter.com/lHdMCLbngR
— Santiment (@santimentfeed) June 19, 2024
Earlier this week, Santiment’s analysis identified both ADA and XRP as potentially undervalued. The Market Value to Realized Value (MVRV) ratio, which compares the market capitalization of an asset to the total realized value of all its coins in circulation, indicated ADA could be extremely undervalued and “mild bullish conditions” for XRP. Historically, low MVRV ratios have been followed by price rebounds as undervalued assets attract renewed buying interest.
Market analysts are also echoing Santiment’s optimistic outlook, particularly for XRP and Cardano. A pseudonymous analyst going by Cryptobilbuwoo shared a weekly chart-based analysis suggesting a correlation between XRP’s price movements and altcoin dominance (ALT.D).
Also read: AI Prediction: XRP ($XRP) vs. Cardano ($ADA) – Which Is Likely the Better Buy for the Rest of 2024
His analysis suggests that whenever ALT.D retests an upward trend line, XRP tends to rise, positively impacting the entire altcoin market. Based on his technical analysis, XRP could potentially surge to $2.71, signifying an impending technical rebound.
Meanwhile analysts are suggesting the price of Cardano could soon rebound and its current price level is “an incredible opportunity” to dollar-cost average (DCA) into the cryptocurrency as its price trends down.
Featured image via Unsplash.
Cardano And XRP Shorting Activity Could Act As ‘Rocket Fuel’ For A Rally; Santiment
On-chain analytics platform Santiment has outlined a factor that could contribute to Cardano (ADA) and XRP enjoying further moves to the upside. Both tokens recorded relief pumps following the recent decline in the crypto market, but market traders believe this development is far from a bullish reversal.
Heavy Trader Shorting Could Lead To Price Rises For Cardano And XRP
Santiment claimed in an X (formerly Twitter) post that the heavy trader shorting which Cardano and XRP are currently seeing could be the “rocket fuel” for continued price rises for these crypto tokens. Santiment had also revealed that Cardano and XRP were among the most notable altcoins that are heavily shorted following their relief bounces.
Related Reading
Source: X
Interestingly, they called this a “good sign” for the patient bulls, as they believe that liquidation of these short positions could effectively be the momentum that these crypto tokens need to rise higher. Cardano and XRP being named among the most shorted altcoins isn’t surprising, considering that they are the most underperforming coins this year among the top 50 crypto tokens by market cap.
Cardano and XRP have also usually failed to enjoy significant relief pumps even when Bitcoin (BTC) and the broader crypto market enjoy a massive rebound. However, this time could be different, as Cardano and XRP have enjoyed a modest price recovery while some other altcoins lag.
Data from Coinglass shows that Santiment’s theory could already be in play, seeing how the Cardano and XRP bears have suffered significant losses in the last 24 hours. Over $50,000 in Cardano short positions have been liquidated during this period, while not a single cent in Cardano long positions have been liquidated. Similarly, over $30,000 in XRP short positions have been liquidated while XRP longs were unaffected.
A Major Move Might Be On The Horizon For XRP
Crypto analyst Egrag Crypto recently predicted that XRP could enjoy a price pump of around 1,700% starting in July. He alluded to XRP’s quarterly hammer formation between April and June 2016 and July and September 2017 before the crypto token enjoyed a major pump. The crypto analyst stated that XRP could form this bullish pattern again but needed to close the 3-month candle above the range between $0.55 and $0.58 in 10 days.
Related Reading
Source: X
Egrag further claimed that if the hammer formation is similar to the one in 2016, the XRP could begin the projected 1,700% price rally in July, eventually sending the crypto token to $8. However, if the hammer formation is similar to the one in 2017, Egrag mentioned that XRP holders might have to wait another six months before the “epic” pump of around 5,500%, sending XRP’s price to $27.
Token price crashes with crypto market | Source: XRPUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com
Source: NewsBTC.com
The post Cardano And XRP Shorting Activity Could Act As ‘Rocket Fuel’ For A Rally; Santiment appeared first on Crypto Breaking News.
Heavy Trader Shorting Could Lead To Price Rises For Cardano And XRP
Santiment claimed in an X (formerly Twitter) post that the heavy trader shorting which Cardano and XRP are currently seeing could be the “rocket fuel” for continued price rises for these crypto tokens. Santiment had also revealed that Cardano and XRP were among the most notable altcoins that are heavily shorted following their relief bounces.
Related Reading
Source: X
Interestingly, they called this a “good sign” for the patient bulls, as they believe that liquidation of these short positions could effectively be the momentum that these crypto tokens need to rise higher. Cardano and XRP being named among the most shorted altcoins isn’t surprising, considering that they are the most underperforming coins this year among the top 50 crypto tokens by market cap.
Cardano and XRP have also usually failed to enjoy significant relief pumps even when Bitcoin (BTC) and the broader crypto market enjoy a massive rebound. However, this time could be different, as Cardano and XRP have enjoyed a modest price recovery while some other altcoins lag.
Data from Coinglass shows that Santiment’s theory could already be in play, seeing how the Cardano and XRP bears have suffered significant losses in the last 24 hours. Over $50,000 in Cardano short positions have been liquidated during this period, while not a single cent in Cardano long positions have been liquidated. Similarly, over $30,000 in XRP short positions have been liquidated while XRP longs were unaffected.
A Major Move Might Be On The Horizon For XRP
Crypto analyst Egrag Crypto recently predicted that XRP could enjoy a price pump of around 1,700% starting in July. He alluded to XRP’s quarterly hammer formation between April and June 2016 and July and September 2017 before the crypto token enjoyed a major pump. The crypto analyst stated that XRP could form this bullish pattern again but needed to close the 3-month candle above the range between $0.55 and $0.58 in 10 days.
Related Reading
Source: X
Egrag further claimed that if the hammer formation is similar to the one in 2016, the XRP could begin the projected 1,700% price rally in July, eventually sending the crypto token to $8. However, if the hammer formation is similar to the one in 2017, Egrag mentioned that XRP holders might have to wait another six months before the “epic” pump of around 5,500%, sending XRP’s price to $27.
Token price crashes with crypto market | Source: XRPUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com
Source: NewsBTC.com
The post Cardano And XRP Shorting Activity Could Act As ‘Rocket Fuel’ For A Rally; Santiment appeared first on Crypto Breaking News.
Invest in Tomorrow: 5 Cryptocurrencies Primed for Long-Term Gains – Discover BlockDAG, Ethereum, ...
Opportunities that can shift the sands of fortune are emerging in the crypto world, beckoning both greenhorns and seasoned investors. Take BlockDAG, for instance, with its impressive presale of 11.7 billion coins, amassing $52.2 million, lighting up the market with its potential.
Investing in BlockDAG not only promises rich returns but also offers a shield against the rough seas of market volatility, positioning it as an ideal choice for enduring financial growth. This piece delves into how BlockDAG, along with stalwarts like Ethereum, Cardano, Solana, and Fantom, is carving out the future of digital finance.
1. BlockDAG: A Beacon for Investor Returns and Stability
The recent Lunar Keynote has spotlighted BlockDAG’s presale as a golden opportunity for investors looking for significant returns without hefty investments. Designed to minimize exposure to market swings, this presale lays the groundwork for one of the best long-term crypto investments.
Priced at $0.0122 currently, BlockDAG has raked in a remarkable $52.2 million by Batch 18, displaying a growth of 1120% from its initial $0.001 price. With ambitions to hit a $0.05 price at launch and a potential soar to $10 by 2025, the earliest investors are looking at a possible 30,000x return on their investment.
Investors pouring $1,000 today could get approximately 81,967 coins. If the price hits the expected $0.05 at launch, the initial outlay could swell to about $4,098.35.
To ensure steady long-term growth and meet strategic objectives, BlockDAG has instituted a four-month vesting period that regulates coin distribution, preventing market flooding and encouraging gradual stakeholder involvement.
This method helps smooth out price fluctuations by injecting $100 million into market liquidity, creating a stable and predictable trading environment conducive to sustained growth and scalability.
2. Ethereum’s Growth Trajectory
Ethereum’s price has recently bounced back, rising over 7% from a previous low, situating it near a crucial Fibonacci retracement level and a midpoint of a past price imbalance. If this support level holds, Ethereum could climb back to its previous resistance level.
However, a fall below a critical lower boundary could signal a downtrend, potentially leading to a substantial price reduction. This level of volatility highlights Ethereum’s dynamic presence in the market, cementing its position as one of the best cryptos for long-term growth due to its resilience and integral role in blockchain applications.
3. Cardano and the Anticipated Chang Upgrade
Cardano has shown impressive growth following key network enhancements, such as the integration of smart contract functionalities, which have bolstered the decentralized finance sector. The upcoming Chang upgrade is expected to transition all nodes to a newer version later this year.
This upgrade demands widespread adoption by node operators before it can be fully implemented. Despite recent price dips, these advancements underline Cardano’s status as a prime candidate for sustained long-term growth, as it continuously adapts to meet network and user demands.
4. Solana’s Promising Market Outlook
Market analysts predict a significant price movement for Solana based on its current chart pattern. Key support and resistance levels have been mapped out, providing potential investors with insights into Solana’s value trajectory.
As the fifth-largest cryptocurrency by market capitalization, Solana’s gradual valuation increase showcases its strong market presence and investor interest, positioning it as a viable option for long-term gains.
5. Fantom’s Stable Market Presence and Development Prospects
Even as the broader crypto market experiences downturns, Fantom has maintained a consistent price point. Its ecosystem is evolving with new updates that build investor confidence.
Current market sentiment may appear bearish, but the Fear and Greed index reveals robust investor interest, suggesting Fantom might soon prove to be one of the best cryptos for long-term growth, especially as it gears up for further advancements.
Final Thoughts
A detailed examination places BlockDAG at the forefront, uniquely positioning it for exponential growth as it aims to redefine the blockchain arena while gaining $52.2 million in presale. With a launch price goal of $0.05 and an ambitious $10 projection by 2025, it presents an unmatched opportunity for a 30,000x return on investment, far exceeding the potential of other top cryptocurrencies like Ethereum, Cardano, Solana, and Fantom.
BlockDAG’s commitment to stability through a $100 million liquidity boost and a four-month vesting period promises exceptional returns, maintaining market steadiness and boosting investor confidence as it pioneers the digital finance revolution.
Invest in the BlockDAG Presale Now:
Website: https://blockdag.networkPresale: https://purchase.blockdag.networkTelegram: https://t.me/blockDAGnetworkOfficialDiscord: https://discord.gg/Q7BxghMVyu
Investing in BlockDAG not only promises rich returns but also offers a shield against the rough seas of market volatility, positioning it as an ideal choice for enduring financial growth. This piece delves into how BlockDAG, along with stalwarts like Ethereum, Cardano, Solana, and Fantom, is carving out the future of digital finance.
1. BlockDAG: A Beacon for Investor Returns and Stability
The recent Lunar Keynote has spotlighted BlockDAG’s presale as a golden opportunity for investors looking for significant returns without hefty investments. Designed to minimize exposure to market swings, this presale lays the groundwork for one of the best long-term crypto investments.
Priced at $0.0122 currently, BlockDAG has raked in a remarkable $52.2 million by Batch 18, displaying a growth of 1120% from its initial $0.001 price. With ambitions to hit a $0.05 price at launch and a potential soar to $10 by 2025, the earliest investors are looking at a possible 30,000x return on their investment.
Investors pouring $1,000 today could get approximately 81,967 coins. If the price hits the expected $0.05 at launch, the initial outlay could swell to about $4,098.35.
To ensure steady long-term growth and meet strategic objectives, BlockDAG has instituted a four-month vesting period that regulates coin distribution, preventing market flooding and encouraging gradual stakeholder involvement.
This method helps smooth out price fluctuations by injecting $100 million into market liquidity, creating a stable and predictable trading environment conducive to sustained growth and scalability.
2. Ethereum’s Growth Trajectory
Ethereum’s price has recently bounced back, rising over 7% from a previous low, situating it near a crucial Fibonacci retracement level and a midpoint of a past price imbalance. If this support level holds, Ethereum could climb back to its previous resistance level.
However, a fall below a critical lower boundary could signal a downtrend, potentially leading to a substantial price reduction. This level of volatility highlights Ethereum’s dynamic presence in the market, cementing its position as one of the best cryptos for long-term growth due to its resilience and integral role in blockchain applications.
3. Cardano and the Anticipated Chang Upgrade
Cardano has shown impressive growth following key network enhancements, such as the integration of smart contract functionalities, which have bolstered the decentralized finance sector. The upcoming Chang upgrade is expected to transition all nodes to a newer version later this year.
This upgrade demands widespread adoption by node operators before it can be fully implemented. Despite recent price dips, these advancements underline Cardano’s status as a prime candidate for sustained long-term growth, as it continuously adapts to meet network and user demands.
4. Solana’s Promising Market Outlook
Market analysts predict a significant price movement for Solana based on its current chart pattern. Key support and resistance levels have been mapped out, providing potential investors with insights into Solana’s value trajectory.
As the fifth-largest cryptocurrency by market capitalization, Solana’s gradual valuation increase showcases its strong market presence and investor interest, positioning it as a viable option for long-term gains.
5. Fantom’s Stable Market Presence and Development Prospects
Even as the broader crypto market experiences downturns, Fantom has maintained a consistent price point. Its ecosystem is evolving with new updates that build investor confidence.
Current market sentiment may appear bearish, but the Fear and Greed index reveals robust investor interest, suggesting Fantom might soon prove to be one of the best cryptos for long-term growth, especially as it gears up for further advancements.
Final Thoughts
A detailed examination places BlockDAG at the forefront, uniquely positioning it for exponential growth as it aims to redefine the blockchain arena while gaining $52.2 million in presale. With a launch price goal of $0.05 and an ambitious $10 projection by 2025, it presents an unmatched opportunity for a 30,000x return on investment, far exceeding the potential of other top cryptocurrencies like Ethereum, Cardano, Solana, and Fantom.
BlockDAG’s commitment to stability through a $100 million liquidity boost and a four-month vesting period promises exceptional returns, maintaining market steadiness and boosting investor confidence as it pioneers the digital finance revolution.
Invest in the BlockDAG Presale Now:
Website: https://blockdag.networkPresale: https://purchase.blockdag.networkTelegram: https://t.me/blockDAGnetworkOfficialDiscord: https://discord.gg/Q7BxghMVyu
Important #Cardano statistic hits three-month slump as #XRP approaches settlement in SEC case - details
The newest on-chain stats show a 3-month drop in active addresses for Cardano (ADA). The score evaluates unique on-chain network interactions and is bad for Cardano. The number is 20,400, the lowest in 90 days.
Recent price declines indicate that this slowdown in network activity will influence ADA's pricing performance. Over the last month, Cardano's price has dropped 14.25% and in the past 24 hours, 0.51%. The CoinMarketCap price is $0.41.
Cardano also benefits from market sentiment. The Weighted Market Sentiment measures crypto asset market sentiment. Cardano (ADA) market sentiment is very low, suggesting its bearishness may continue.
A new SEC filing in response to XRP's additional authorization letter in their lawsuit has generated suspicion of a coming settlement. XRP argues against the SEC's $2B remedy demand in their additional authorization letter.
XRP references a comparable action that settled and complains the large difference in settlement terms in the letter. They claimed that TerraForm Labs' $420M civil penalty was merely 1.27% of their $33B total revenues.
XRP says this price is far lower than the SEC's demand and that, unlike TerraForm Labs, there is no fraud. XRP's Chief Legal Officer Stuart Alderoty previously said that the purported unregistered securities deal did not hurt investors.
Conclusion
An all-time active address fall and adverse technical indicators hurt ADA price movement, threatening Cardano investors and traders. XRP investors may cash out soon as the community expects a resolution in its XRP selling case.
#Ripple #Cardano $XRP $ADA
The newest on-chain stats show a 3-month drop in active addresses for Cardano (ADA). The score evaluates unique on-chain network interactions and is bad for Cardano. The number is 20,400, the lowest in 90 days.
Recent price declines indicate that this slowdown in network activity will influence ADA's pricing performance. Over the last month, Cardano's price has dropped 14.25% and in the past 24 hours, 0.51%. The CoinMarketCap price is $0.41.
Cardano also benefits from market sentiment. The Weighted Market Sentiment measures crypto asset market sentiment. Cardano (ADA) market sentiment is very low, suggesting its bearishness may continue.
A new SEC filing in response to XRP's additional authorization letter in their lawsuit has generated suspicion of a coming settlement. XRP argues against the SEC's $2B remedy demand in their additional authorization letter.
XRP references a comparable action that settled and complains the large difference in settlement terms in the letter. They claimed that TerraForm Labs' $420M civil penalty was merely 1.27% of their $33B total revenues.
XRP says this price is far lower than the SEC's demand and that, unlike TerraForm Labs, there is no fraud. XRP's Chief Legal Officer Stuart Alderoty previously said that the purported unregistered securities deal did not hurt investors.
Conclusion
An all-time active address fall and adverse technical indicators hurt ADA price movement, threatening Cardano investors and traders. XRP investors may cash out soon as the community expects a resolution in its XRP selling case.
#Ripple #Cardano $XRP $ADA
XRP and Cardano Among Most Heavily-Shorted Cryptocurrencies, Says Santiment
According to U.Today, cryptocurrency analytics platform Santiment has reported that XRP and Cardano (ADA) are among the most heavily-shorted cryptocurrencies following their recent relief bounces. The firm suggests that this could potentially be a positive sign for the bulls, as liquidated shorts could act as a catalyst for sustained price increases. This phenomenon, known as a 'short squeeze', occurs when a large number of holders bet against a certain cryptocurrency, causing a significant imbalance between supply and demand.
On July 17, XRP managed to decouple from Bitcoin, the leading cryptocurrency, gaining as much as 7% against it and outperforming the entire top 100. Meanwhile, ADA is benefiting from the anticipation surrounding the upcoming launch of the 'Chang' hard fork, which is expected to usher in a new era with decentralized governance. Cardano founder Charles Hoskinson has stated that this would be the biggest milestone in the history of the proof-of-stake network and the broader cryptocurrency industry.
Currently, XRP and ADA hold the 8th and 11th places by market value, respectively, after surging 3.7% and 4.7% over the past 24 hours. Despite this, the aforementioned cryptocurrencies have not experienced substantial volatility. Data from Coinglass shows that $1.02 million worth of XRP and $217,830 worth of ADA have been liquidated in one day. However, these liquidations could grow substantially if aggressive shorting continues, potentially leading to a rapid rise in price caused by a short squeeze and a cascade of liquidations.
On July 17, XRP managed to decouple from Bitcoin, the leading cryptocurrency, gaining as much as 7% against it and outperforming the entire top 100. Meanwhile, ADA is benefiting from the anticipation surrounding the upcoming launch of the 'Chang' hard fork, which is expected to usher in a new era with decentralized governance. Cardano founder Charles Hoskinson has stated that this would be the biggest milestone in the history of the proof-of-stake network and the broader cryptocurrency industry.
Currently, XRP and ADA hold the 8th and 11th places by market value, respectively, after surging 3.7% and 4.7% over the past 24 hours. Despite this, the aforementioned cryptocurrencies have not experienced substantial volatility. Data from Coinglass shows that $1.02 million worth of XRP and $217,830 worth of ADA have been liquidated in one day. However, these liquidations could grow substantially if aggressive shorting continues, potentially leading to a rapid rise in price caused by a short squeeze and a cascade of liquidations.
Cardano (ADA), Ripple (XRP) Targeted By Short Traders Amid Post-Relief Bounces
With investors eagerly anticipating a much-needed rebound in the price actions of the crypto market, Cardano (ADA) and Ripple’s XRP have emerged as two of the most prominent altcoins experiencing heavy trader shorting after a brief respite.
This activity comes amidst mild hints of a rebound in their prices.
Heavy Shorting on ADA and XRP
According to the data shared by Santiment, the finding rates for both ADA and XRP on Binance have spiked into positive territory multiple times, indicating a dominant shorting vs. longing ratio since September 2023 for the former and May 2024 for the latter.
The recent upticks may have led traders to believe that a downtrend is likely, thereby prompting many to short the two altcoins.
However, Santiment believes this heavy shorting activity could be a positive signal for “patient bulls.”
Cardano and XRP are a couple of the most notable altcoins that are seeing heavy trader shorting following relief bounces. This is a good sign for patient bulls, as liquidates shorts can effectively act as ‘rocket fuel’ for continued price rises. pic.twitter.com/lHdMCLbngR
— Santiment (@santimentfeed) June 19, 2024
Earlier this week, the on-chain analytic platform found that Cardano showed extreme undervaluation with an MVRV of -12.6%, while that of XRP stood at -3.5%. For ADA, this analysis indicated very bullish prospects for its price recovery. Meanwhile, for the latter, the MVRV ratio suggested mild bullish conditions.
The low MVRV ratio suggests that traders are currently holding assets at prices below their initial buying costs. Historically, this oversold scenario has been followed by a rebound as the asset attracts buying interest.
Catalysts for ADA and XRP
Cardano, for one, appears to be gearing up for a major milestone that could serve as a catalyst for its token. Chang hard fork is expected to pave the way for the Voltaire era making Cardano’s transition from a blockchain governed by its founding entity Input Output Global (IOG) to a fully decentralized and community-driven ecosystem.
Announcing the same, IOG founder Charles Hoskinson recently tweeted,
“It looks like June will be the month that Cardano Node will reach 9.0. This means that Cardano is Chang fork ready and waiting for 70 percent of the SPOs to install the new node. Then, a hard fork can occur pushing Cardano into the Age of Voltaire.”
Meanwhile, XRP has noted minor spikes amidst a broader market downturn. The latest surge in open interest (OI) further suggested that investors are increasingly opening positions anticipating a rise in the asset’s price as they closely track the legal spat between blockchain firm Ripple and the US Securities and Exchange Commission (SEC).
The post Cardano (ADA), Ripple (XRP) Targeted by Short Traders Amid Post-Relief Bounces appeared first on CryptoPotato.
This activity comes amidst mild hints of a rebound in their prices.
Heavy Shorting on ADA and XRP
According to the data shared by Santiment, the finding rates for both ADA and XRP on Binance have spiked into positive territory multiple times, indicating a dominant shorting vs. longing ratio since September 2023 for the former and May 2024 for the latter.
The recent upticks may have led traders to believe that a downtrend is likely, thereby prompting many to short the two altcoins.
However, Santiment believes this heavy shorting activity could be a positive signal for “patient bulls.”
Cardano and XRP are a couple of the most notable altcoins that are seeing heavy trader shorting following relief bounces. This is a good sign for patient bulls, as liquidates shorts can effectively act as ‘rocket fuel’ for continued price rises. pic.twitter.com/lHdMCLbngR
— Santiment (@santimentfeed) June 19, 2024
Earlier this week, the on-chain analytic platform found that Cardano showed extreme undervaluation with an MVRV of -12.6%, while that of XRP stood at -3.5%. For ADA, this analysis indicated very bullish prospects for its price recovery. Meanwhile, for the latter, the MVRV ratio suggested mild bullish conditions.
The low MVRV ratio suggests that traders are currently holding assets at prices below their initial buying costs. Historically, this oversold scenario has been followed by a rebound as the asset attracts buying interest.
Catalysts for ADA and XRP
Cardano, for one, appears to be gearing up for a major milestone that could serve as a catalyst for its token. Chang hard fork is expected to pave the way for the Voltaire era making Cardano’s transition from a blockchain governed by its founding entity Input Output Global (IOG) to a fully decentralized and community-driven ecosystem.
Announcing the same, IOG founder Charles Hoskinson recently tweeted,
“It looks like June will be the month that Cardano Node will reach 9.0. This means that Cardano is Chang fork ready and waiting for 70 percent of the SPOs to install the new node. Then, a hard fork can occur pushing Cardano into the Age of Voltaire.”
Meanwhile, XRP has noted minor spikes amidst a broader market downturn. The latest surge in open interest (OI) further suggested that investors are increasingly opening positions anticipating a rise in the asset’s price as they closely track the legal spat between blockchain firm Ripple and the US Securities and Exchange Commission (SEC).
The post Cardano (ADA), Ripple (XRP) Targeted by Short Traders Amid Post-Relief Bounces appeared first on CryptoPotato.
Cardano (ADA) and XRP Rally Amid Short Positions: What’s Driving the Rebound
Cardano (ADA) and XRP have emerged as frontrunners in a recent market resurgence, accompanied by a notable increase in short positions. This article examines the factors driving their price rebounds, the implications of growing short interest, and the pivotal ecosystem developments influencing their trajectories.
The Current State of Cardano (ADA) and XRP
Cardano and XRP, two prominent altcoins in the crypto currency market, have seen a resurgence in their prices recently.·
For the full story, head over to TheCurrencyAnalytics.com.
The Current State of Cardano (ADA) and XRP
Cardano and XRP, two prominent altcoins in the crypto currency market, have seen a resurgence in their prices recently.·
For the full story, head over to TheCurrencyAnalytics.com.
Crypto Experts Say Golden Bull Market Might Be Incoming, Recommends Polkadot, Cardano, and This V...
The crypto market seems poised for a significant uptrend after a prolonged period of price declines. Many analysts and traders are now suggesting a potential shift in market dynamics. Noteworthy digital assets expected to experience a massive surge in the near future include Polkadot (DOT) and Cardano (ADA) as smart contract platforms, along with Algotech (ALGT), a high-profile AI crypto venture currently creating a buzz in its presale phase.
Bullish Predictions For Polkadot (DOT): Targets of $12.70 to $31
Polkadot (DOT), a cutting-edge blockchain protocol, aims to encourage a worldwide network of computers to support a decentralized internet. The native token DOT has recently faced fluctuations in value. With its current price near $6, DOT has encountered a 7% drop over the past week, possibly influenced by the overall crypto market correction. Despite this, experts maintain an optimistic outlook on the future of Polkadot (DOT).
Trader CryptoBullet, a well-known figure in the trading community, has expressed a bullish outlook on Polkadot (DOT), emphasizing the importance of maintaining support levels ranging from $5.60 to $6.50. With unwavering confidence, the trader predicts price targets of $12.70, $17, $23, and possibly even $31 in the coming year.
Numerous positive developments within the Polkadot ecosystem are boosting DOT’s prospects. Recent collaborations with the gaming platform Heroic and Deloitte’s KYC solution for the Kilt Protocol parachain have broadened Polkadot’s influence. Moreover, the Polkadot community aims to allocate 3 million Polkadot (DOT) to stimulate DeFi activities, such as liquidity mining incentives and backing for projects like HydraDX and StellaSwap.
Analyst Forecasts Cardano (ADA) Surge to $3 This Year
Crypto analyst Sebastian predicts a potential surge in Cardano (ADA), forecasting a rise to $3 this year. His insights paint a positive future for the digital asset. The actual response of Cardano (ADA), currently an underperforming crypto, remains uncertain amidst these projections.
Sebastian detailed four reasons for predicting a $3 price target for Cardano (ADA) in an X post. Firstly, he highlighted the collaboration between Cardano and Argentina.
Recently, the Cardano Foundation unveiled its partnership with Entre Ríos, a key province in Argentina. This strategic alliance aims to promote the integration of blockchain technology in Argentina, ultimately benefiting ADA by facilitating its entry into the Argentine market.
Sebastian also highlighted the upcoming Cardano upgrade, known as the Ouroboros Omega Hard Fork, as a key factor in potentially driving Cardano (ADA) price. This significant network improvement aims to establish complete decentralization through a governance model led by the community. Once this transition occurs, Cardano’s infrastructure will shift towards a more decentralized and community-centric approach, potentially instilling trust and fueling the expansion of its ecosystem.
Algotech (ALGT) Presale Raises Over $9.1M, 90% Tokens Sold
Polkadot (DOT) and Cardano (ADA), established cryptocurrencies, have a new competitor, Algotech (ALGT), making waves in the market. Algotech (ALGT), a decentralized algorithmic trading platform, seeks to transform the crypto trading landscape with advanced AI and automation.
Algotech (ALGT) ongoing presale has successfully raised more than $9.1 million, with 90% of tokens already snapped up in the ongoing bonus phase. Priced at a mere $0.08 per ALGT token during presale, experts project a potential surge to $1 post its mainnet debut.
Excitement is soaring as the renowned cryptocurrency exchange BitMart has recently declared its intention to include ALGT on its mainnet launch. This move will not only enhance liquidity but also boost exposure to Algotech (ALGT). With a vast user base of over 9 million worldwide, BitMart is esteemed for its intuitive interface, advanced trading tools, and top-notch security protocols.
Algotech’s distinguishing factor rests in its cutting-edge algorithms and trading techniques to seize opportunities in diverse asset categories. Covering everything from momentum and mean reversion to breakout trading and arbitrage, Algotech (ALGT) aspires to equip traders with a robust set of tools for navigating the fluctuating crypto markets.
Learn more:
Visit Algotech Presale
Join The Algotech Community
Bullish Predictions For Polkadot (DOT): Targets of $12.70 to $31
Polkadot (DOT), a cutting-edge blockchain protocol, aims to encourage a worldwide network of computers to support a decentralized internet. The native token DOT has recently faced fluctuations in value. With its current price near $6, DOT has encountered a 7% drop over the past week, possibly influenced by the overall crypto market correction. Despite this, experts maintain an optimistic outlook on the future of Polkadot (DOT).
Trader CryptoBullet, a well-known figure in the trading community, has expressed a bullish outlook on Polkadot (DOT), emphasizing the importance of maintaining support levels ranging from $5.60 to $6.50. With unwavering confidence, the trader predicts price targets of $12.70, $17, $23, and possibly even $31 in the coming year.
Numerous positive developments within the Polkadot ecosystem are boosting DOT’s prospects. Recent collaborations with the gaming platform Heroic and Deloitte’s KYC solution for the Kilt Protocol parachain have broadened Polkadot’s influence. Moreover, the Polkadot community aims to allocate 3 million Polkadot (DOT) to stimulate DeFi activities, such as liquidity mining incentives and backing for projects like HydraDX and StellaSwap.
Analyst Forecasts Cardano (ADA) Surge to $3 This Year
Crypto analyst Sebastian predicts a potential surge in Cardano (ADA), forecasting a rise to $3 this year. His insights paint a positive future for the digital asset. The actual response of Cardano (ADA), currently an underperforming crypto, remains uncertain amidst these projections.
Sebastian detailed four reasons for predicting a $3 price target for Cardano (ADA) in an X post. Firstly, he highlighted the collaboration between Cardano and Argentina.
Recently, the Cardano Foundation unveiled its partnership with Entre Ríos, a key province in Argentina. This strategic alliance aims to promote the integration of blockchain technology in Argentina, ultimately benefiting ADA by facilitating its entry into the Argentine market.
Sebastian also highlighted the upcoming Cardano upgrade, known as the Ouroboros Omega Hard Fork, as a key factor in potentially driving Cardano (ADA) price. This significant network improvement aims to establish complete decentralization through a governance model led by the community. Once this transition occurs, Cardano’s infrastructure will shift towards a more decentralized and community-centric approach, potentially instilling trust and fueling the expansion of its ecosystem.
Algotech (ALGT) Presale Raises Over $9.1M, 90% Tokens Sold
Polkadot (DOT) and Cardano (ADA), established cryptocurrencies, have a new competitor, Algotech (ALGT), making waves in the market. Algotech (ALGT), a decentralized algorithmic trading platform, seeks to transform the crypto trading landscape with advanced AI and automation.
Algotech (ALGT) ongoing presale has successfully raised more than $9.1 million, with 90% of tokens already snapped up in the ongoing bonus phase. Priced at a mere $0.08 per ALGT token during presale, experts project a potential surge to $1 post its mainnet debut.
Excitement is soaring as the renowned cryptocurrency exchange BitMart has recently declared its intention to include ALGT on its mainnet launch. This move will not only enhance liquidity but also boost exposure to Algotech (ALGT). With a vast user base of over 9 million worldwide, BitMart is esteemed for its intuitive interface, advanced trading tools, and top-notch security protocols.
Algotech’s distinguishing factor rests in its cutting-edge algorithms and trading techniques to seize opportunities in diverse asset categories. Covering everything from momentum and mean reversion to breakout trading and arbitrage, Algotech (ALGT) aspires to equip traders with a robust set of tools for navigating the fluctuating crypto markets.
Learn more:
Visit Algotech Presale
Join The Algotech Community
Santiment Highlights Bullish Potential for Cardano (ADA) and XRP Amid Heavy Shorting Activity
Santiment highlights the prevalence of short positions in Cardano (ADA) and XRP, suggesting a potential bullish outlook for both assets.
Derivatives data reveals a higher number of short positions, but Binance account ratios indicate more optimism.
Low MVRV ratios and recent price movements suggest that Cardano and XRP may be undervalued.
Santiment, a leading cryptocurrency analytics platform, has recently shed light on the prevalence of short positions involving Cardano (ADA) and XRP, indicating that this metric could potentially signal a bullish outlook for both digital assets.
In the aftermath of the recent market downturn, these prominent altcoins have suffered significant losses, but the insights provided by Santiment suggest that a potential bullish reversal may be on the horizon.
Cardano and XRP are a couple of the most notable altcoins that are seeing heavy trader shorting following relief bounces. This is a good sign for patient bulls, as liquidates shorts can effectively act as 'rocket fuel' for continued price rises. pic.twitter.com/lHdMCLbngR
— Santiment (@santimentfeed) June 19, 2024
Cardano and XRP Witness Surge in Short Positions
According to a recent post by Santiment on X (formerly Twitter), Cardano and XRP are currently among the most prominent altcoins experiencing heavy shorting activity, despite the recent relief bounces observed in the market.
Interestingly, Santiment interprets this trend as a positive signal, proposing that the liquidation of these short positions could potentially act as a catalyst for a substantial price increase in the near future.
For Cardano, the accompanying chart provided by Santiment indicates that the Binance Funding Rate currently stands at -0.013743, signifying a dominance of short positions. Furthermore, derivatives data obtained from analytics resource Coinglass confirms the increase in shorts, with the long/short ratio for ADA sitting at 0.9755.
Remarkably, despite the surge in short positions, the Binance long/short ratio for accounts is notably higher at 2.51. This discrepancy suggests that while traders have opened more short positions than long ones, Binance accounts betting on a price increase outnumber those betting on further declines.
Santiment’s analysis of the heavy shorting activity surrounding Cardano and XRP, coupled with the insights from derivatives data and MVRV ratios, suggests that these altcoins may be poised for a bullish turnaround. The potential for short covering and the undervaluation of these assets could fuel a rapid price recovery in the near future.
Derivatives data reveals a higher number of short positions, but Binance account ratios indicate more optimism.
Low MVRV ratios and recent price movements suggest that Cardano and XRP may be undervalued.
Santiment, a leading cryptocurrency analytics platform, has recently shed light on the prevalence of short positions involving Cardano (ADA) and XRP, indicating that this metric could potentially signal a bullish outlook for both digital assets.
In the aftermath of the recent market downturn, these prominent altcoins have suffered significant losses, but the insights provided by Santiment suggest that a potential bullish reversal may be on the horizon.
Cardano and XRP are a couple of the most notable altcoins that are seeing heavy trader shorting following relief bounces. This is a good sign for patient bulls, as liquidates shorts can effectively act as 'rocket fuel' for continued price rises. pic.twitter.com/lHdMCLbngR
— Santiment (@santimentfeed) June 19, 2024
Cardano and XRP Witness Surge in Short Positions
According to a recent post by Santiment on X (formerly Twitter), Cardano and XRP are currently among the most prominent altcoins experiencing heavy shorting activity, despite the recent relief bounces observed in the market.
Interestingly, Santiment interprets this trend as a positive signal, proposing that the liquidation of these short positions could potentially act as a catalyst for a substantial price increase in the near future.
For Cardano, the accompanying chart provided by Santiment indicates that the Binance Funding Rate currently stands at -0.013743, signifying a dominance of short positions. Furthermore, derivatives data obtained from analytics resource Coinglass confirms the increase in shorts, with the long/short ratio for ADA sitting at 0.9755.
Remarkably, despite the surge in short positions, the Binance long/short ratio for accounts is notably higher at 2.51. This discrepancy suggests that while traders have opened more short positions than long ones, Binance accounts betting on a price increase outnumber those betting on further declines.
Santiment’s analysis of the heavy shorting activity surrounding Cardano and XRP, coupled with the insights from derivatives data and MVRV ratios, suggests that these altcoins may be poised for a bullish turnaround. The potential for short covering and the undervaluation of these assets could fuel a rapid price recovery in the near future.
Shiba Inu, Cardano, DOGE Primed to Smash All-Time Highs Any Moment Now As Major Indicator Turns “...
A new report by on-chain analytics firm Santiment reveals “very bullish” positions for Dogecoin (DOGE), Shiba Inu (SHIB), and Cardano’s ADA, based on the market value to realized value (MVRV) metric.
As per Santiment’s report, the lower the MVRV of a crypto asset, the higher the possibility of soon exploding in a short-term price upsurge.
DOGE, SHIB, And ADA: Crucial Metric Shows Extreme Bullishness
The crypto market recently faced one of the worst dips in a month, with almost half a billion in various assets being liquidated in the space of hours. The Bitcoin price has been consolidating within a well-established trading range for months since the benchmark crypto’s block subsidy halving in April. Nevertheless, a key Dogecoin and Shiba Inu metric paints a bullish picture, suggesting the altcoins could be preparing for big moves to the upside.
In a recent post on the X (formerly Twitter) platform, Santiment shared the recent 30-day MVRV of seven of the top ten largest cryptocurrencies by market cap. This index shows the extent to which a cryptocurrency is undervalued or overvalued.
Santiment notes that the MVRV ratios of Dogecoin (DOGE) and Cardano (ADA) are very low — -16.7 % for DOGE and -12.6% for ADA — which essentially signifies the tokens are “very bullish.” According to Santiment’s analysis, both ADA and DOGE have the highest odds of witnessing a short-term price rally.
As for the other cryptocurrencies, including Bitcoin, Ethereum, Ripple’s XRP, and Telegram-linked Toncoin (TON), their MVRV readings are “mildly bullish” and “neutral.”
The lower a cryptocurrency's 30-day MVRV is, the higher the likelihood we see a short-term bounce:Bitcoin: -4.0% (Mild Bullish)Ethereum: -4.3% (Mild Bullish)XRP: -3.5% (Mild Bullish)Dogecoin: -16.7% (Very Bullish)Toncoin: -0.6% (Neutral)Cardano: -12.6% (Very Bullish) pic.twitter.com/zHGg4t3qo1
— Santiment (@santimentfeed) June 19, 2024
When asked what Shiba Inu’s MVRV ratio is, Santiment replied: “-19.1%, lowest among these large caps.” This means that SHIB is even more bullish than DOGE and ADA at the moment.
At the time of writing, DOGE, ADA, and SHIB were valued at $0.1233, $0.3873, and $0.00001831, respectively. The world’s top meme coin, DOGE, is up 3.5% on the day overall, while the price of ADA has jumped 4.4% over the last 24 hours. Canine-themed SHIB has gained 3.8% during the same timeframe.
That being said, the market is waiting for signals from the United States Securities and Exchange Commission (SEC) over the fate of the spot Ether exchange-traded funds (ETFs), which analysts predict could begin trading early next month.
As per Santiment’s report, the lower the MVRV of a crypto asset, the higher the possibility of soon exploding in a short-term price upsurge.
DOGE, SHIB, And ADA: Crucial Metric Shows Extreme Bullishness
The crypto market recently faced one of the worst dips in a month, with almost half a billion in various assets being liquidated in the space of hours. The Bitcoin price has been consolidating within a well-established trading range for months since the benchmark crypto’s block subsidy halving in April. Nevertheless, a key Dogecoin and Shiba Inu metric paints a bullish picture, suggesting the altcoins could be preparing for big moves to the upside.
In a recent post on the X (formerly Twitter) platform, Santiment shared the recent 30-day MVRV of seven of the top ten largest cryptocurrencies by market cap. This index shows the extent to which a cryptocurrency is undervalued or overvalued.
Santiment notes that the MVRV ratios of Dogecoin (DOGE) and Cardano (ADA) are very low — -16.7 % for DOGE and -12.6% for ADA — which essentially signifies the tokens are “very bullish.” According to Santiment’s analysis, both ADA and DOGE have the highest odds of witnessing a short-term price rally.
As for the other cryptocurrencies, including Bitcoin, Ethereum, Ripple’s XRP, and Telegram-linked Toncoin (TON), their MVRV readings are “mildly bullish” and “neutral.”
The lower a cryptocurrency's 30-day MVRV is, the higher the likelihood we see a short-term bounce:Bitcoin: -4.0% (Mild Bullish)Ethereum: -4.3% (Mild Bullish)XRP: -3.5% (Mild Bullish)Dogecoin: -16.7% (Very Bullish)Toncoin: -0.6% (Neutral)Cardano: -12.6% (Very Bullish) pic.twitter.com/zHGg4t3qo1
— Santiment (@santimentfeed) June 19, 2024
When asked what Shiba Inu’s MVRV ratio is, Santiment replied: “-19.1%, lowest among these large caps.” This means that SHIB is even more bullish than DOGE and ADA at the moment.
At the time of writing, DOGE, ADA, and SHIB were valued at $0.1233, $0.3873, and $0.00001831, respectively. The world’s top meme coin, DOGE, is up 3.5% on the day overall, while the price of ADA has jumped 4.4% over the last 24 hours. Canine-themed SHIB has gained 3.8% during the same timeframe.
That being said, the market is waiting for signals from the United States Securities and Exchange Commission (SEC) over the fate of the spot Ether exchange-traded funds (ETFs), which analysts predict could begin trading early next month.
30X Gains Incoming for Cardano’s ADA; Is $1 Back on the Cards?
The post 30X Gains Incoming for Cardano’s ADA; Is $1 Back on the Cards? appeared first on Coinpedia Fintech News
The cryptocurrency market recently saw a major drop, with the total market cap falling by over four percent to around $2.5 trillion. The spot Bitcoin ETFs experienced a 3.65% drop, with significant outflows contributing to the market decline. Data showed that long traders, betting on the crypto market’s upside, faced over $400 million worth of liquidations in the past 24 hours, further accelerating the downturn.
Keeping the current market sentiment in mind, analyst Altcoin Buzz questioned if altcoins would face another major drop this month. However, he had a bullish stance for one particular altcoin. The analyst discussed the potential for Cardano’s ADA to reach $1 or more in the near future.
Initially skeptical, he noted that recent updates from Cardano’s founder, Charles Hoskinson, have made him more optimistic. Hoskinson announced the upcoming Chang Fork, a significant upgrade that will bring Cardano into the Voltaire era with decentralized governance.
Cardano had recently fallen out of the top 10 crypto projects by market cap. Despite hitting an all-time high of $3.09 in September 2021, ADA has been on a steady decline. The upcoming Chang Fork, expected to bring decentralized governance, could be a game-changer.
However, the initial announcement didn’t move ADA’s price. The broader market’s negative sentiment and stiff competition from other blockchain projects like Ethereum, BNB, Solana, and others are also factors to consider. While some predictions are encouraging, suggesting ADA could reach $2 or even $5.50, the reality appears more challenging.
A break above 50 cents might be possible with increased user adoption and community support. Historical context, such as the 2021 Alonzo hard fork, which saw ADA surge 30x, offers some hope, but whether the Chang Fork can replicate this success remains to be seen.
The cryptocurrency market recently saw a major drop, with the total market cap falling by over four percent to around $2.5 trillion. The spot Bitcoin ETFs experienced a 3.65% drop, with significant outflows contributing to the market decline. Data showed that long traders, betting on the crypto market’s upside, faced over $400 million worth of liquidations in the past 24 hours, further accelerating the downturn.
Keeping the current market sentiment in mind, analyst Altcoin Buzz questioned if altcoins would face another major drop this month. However, he had a bullish stance for one particular altcoin. The analyst discussed the potential for Cardano’s ADA to reach $1 or more in the near future.
Initially skeptical, he noted that recent updates from Cardano’s founder, Charles Hoskinson, have made him more optimistic. Hoskinson announced the upcoming Chang Fork, a significant upgrade that will bring Cardano into the Voltaire era with decentralized governance.
Cardano had recently fallen out of the top 10 crypto projects by market cap. Despite hitting an all-time high of $3.09 in September 2021, ADA has been on a steady decline. The upcoming Chang Fork, expected to bring decentralized governance, could be a game-changer.
However, the initial announcement didn’t move ADA’s price. The broader market’s negative sentiment and stiff competition from other blockchain projects like Ethereum, BNB, Solana, and others are also factors to consider. While some predictions are encouraging, suggesting ADA could reach $2 or even $5.50, the reality appears more challenging.
A break above 50 cents might be possible with increased user adoption and community support. Historical context, such as the 2021 Alonzo hard fork, which saw ADA surge 30x, offers some hope, but whether the Chang Fork can replicate this success remains to be seen.
$ADA As of June 20, 2024, technical indicators for Cardano (ADA) against USDT suggests a strong bearish sentiment. Both moving averages and technical indicators reinforce this outlook.
The summary of moving averages shows a strong sell, with 0 buy signals and 12 sell signals. Similarly, all 11 technical indicators signal a sell, underscoring the prevailing downward pressure on ADA.
Key technical indicators highlight this bearish trend. The Relative Strength Index (RSI) stands at 33.406, indicating that ADA is approaching oversold territory. The Stochastic Oscillator at 38.727 and the Stochastic RSI at 29.824 both signal selling conditions. The MACD (12,26) is at -0.017, further emphasizing the downward momentum. The Average Directional Index (ADX) at 32.957 points to a strong trend, while the Williams %R at -77.219 and the Commodity Channel Index (CCI) at -125.0869 also confirm a sell signal.
The volatility for ADA is notably high, with the Average True Range (ATR) at 0.0227, suggesting significant price fluctuations. Other indicators, such as the Highs/Lows (14) at -0.0167 and the Rate of Change (ROC) at -14.516, reinforce the selling pressure.
In terms of moving averages, all short-term and long-term metrics (MA5, MA10, MA20, MA50, MA100, and MA200) indicate a sell signal. This uniformity across moving averages highlights a consistent bearish trend across different time frames.
In conclusion, the technical indicators and moving averages for Cardano (ADA) suggest a strong sell sentiment. Investors should approach ADA with caution, taking into account the high volatility and persistent downward pressure in the short to medium term. #ADABullish #CardanoPredictions #Cardano
The summary of moving averages shows a strong sell, with 0 buy signals and 12 sell signals. Similarly, all 11 technical indicators signal a sell, underscoring the prevailing downward pressure on ADA.
Key technical indicators highlight this bearish trend. The Relative Strength Index (RSI) stands at 33.406, indicating that ADA is approaching oversold territory. The Stochastic Oscillator at 38.727 and the Stochastic RSI at 29.824 both signal selling conditions. The MACD (12,26) is at -0.017, further emphasizing the downward momentum. The Average Directional Index (ADX) at 32.957 points to a strong trend, while the Williams %R at -77.219 and the Commodity Channel Index (CCI) at -125.0869 also confirm a sell signal.
The volatility for ADA is notably high, with the Average True Range (ATR) at 0.0227, suggesting significant price fluctuations. Other indicators, such as the Highs/Lows (14) at -0.0167 and the Rate of Change (ROC) at -14.516, reinforce the selling pressure.
In terms of moving averages, all short-term and long-term metrics (MA5, MA10, MA20, MA50, MA100, and MA200) indicate a sell signal. This uniformity across moving averages highlights a consistent bearish trend across different time frames.
In conclusion, the technical indicators and moving averages for Cardano (ADA) suggest a strong sell sentiment. Investors should approach ADA with caution, taking into account the high volatility and persistent downward pressure in the short to medium term. #ADABullish #CardanoPredictions #Cardano
Cardano Pulled 150x to Surpass $3 Last Cycle, Can ADA Pull a 20x This Cycle to Set a New ATH Past...
Crypto market analysts expect altcoin bottom to be set soon and usher altseason.
Many altcoins are set to break their previous ATHs and ADA shows potential.
Last cycle ADA pulled 150X to surpass $3, can it pull 20x this cycle to surpass $5?
As the crypto market braves though the brutal market dip, altcoins continue to bleed and crypto analysts share their thoughts on the arrival of altseason. Popular crypto analysts like Doctor Profit believe that the bottom is almost in for altcoins.
More specifically, reputed analysts are sharing their expectations for what altcoins will outperform one another and when new ATHs will be placed. Doctor Profit drew light to how altcoins surged over six months between October 2023 and March 2024. He says a similar altcoin spike will arrive once again.
During this phase, many altcoins are set to make new all-time highs. JASMY, TON, NOT, XRP, ETH, ADA, SHIB, DOT and many other altcoins have the potential to break through their previously set ATHs. While some tokens like FLOKI have already set a new ATH this cycle, expectations for another ATH in the coming months is still very possible.
For Cardano’s ADA in particular, many believed the altcoin was dead but Charles Hoskinson himself stepped up to address the masses. He said that ADA is in a very crucial step and a long-awaited hard fork will go live soon for ADA.
Last bull run $ADA did a 150X! From $0.02 to over $3.00!A 20X this cycle from the low of $0.25 to over $5.00 seems reasonableThoughts? pic.twitter.com/EO7HrCbTYl
— Deezy.eth (@deezy_BTC) June 17, 2024
This milestone could trigger a huge price spike for ADA in the long run. As we can see from the post above, ADA once pulled a 150x last bull cycle where it went from $0.02 to over $3. The analyst now believes that ADA can pull a 20x to go from $0.25 to over $5 this ongoing crypto bull cycle.
Indeed, if ADA can achieve this price spike altseason will have arrived. Given Cardano’s constant work over the last few years and its monumental launches like Midnight, perhaps ADA is slowly gearing up for a massive bull rally in the coming months.
Read Also
Memecoin “Bald on BASE” Rockets to $85MM Market Cap in 48 Hours, Then Plummets 85% in Rug Pull
SEXN Platform: OnlyFans V2.0 or Rug Pull Soon?
New Crypto Retik Finance (RETIK) Pulls Investors from Cardano (ADA) After CEX Listings, Hits $3 ATH in 20x Rally
BNB Price Soars Amid Crypto Recovery Rally: Can the Bulls Pull Toward $280?
Investing in BEFE Token: Evaluating Its Potential for 10x or 20x?
The post Cardano Pulled 150x to Surpass $3 Last Cycle, Can ADA Pull a 20x This Cycle to Set a New ATH Past $5? appeared first on Crypto News Land.
Many altcoins are set to break their previous ATHs and ADA shows potential.
Last cycle ADA pulled 150X to surpass $3, can it pull 20x this cycle to surpass $5?
As the crypto market braves though the brutal market dip, altcoins continue to bleed and crypto analysts share their thoughts on the arrival of altseason. Popular crypto analysts like Doctor Profit believe that the bottom is almost in for altcoins.
More specifically, reputed analysts are sharing their expectations for what altcoins will outperform one another and when new ATHs will be placed. Doctor Profit drew light to how altcoins surged over six months between October 2023 and March 2024. He says a similar altcoin spike will arrive once again.
During this phase, many altcoins are set to make new all-time highs. JASMY, TON, NOT, XRP, ETH, ADA, SHIB, DOT and many other altcoins have the potential to break through their previously set ATHs. While some tokens like FLOKI have already set a new ATH this cycle, expectations for another ATH in the coming months is still very possible.
For Cardano’s ADA in particular, many believed the altcoin was dead but Charles Hoskinson himself stepped up to address the masses. He said that ADA is in a very crucial step and a long-awaited hard fork will go live soon for ADA.
Last bull run $ADA did a 150X! From $0.02 to over $3.00!A 20X this cycle from the low of $0.25 to over $5.00 seems reasonableThoughts? pic.twitter.com/EO7HrCbTYl
— Deezy.eth (@deezy_BTC) June 17, 2024
This milestone could trigger a huge price spike for ADA in the long run. As we can see from the post above, ADA once pulled a 150x last bull cycle where it went from $0.02 to over $3. The analyst now believes that ADA can pull a 20x to go from $0.25 to over $5 this ongoing crypto bull cycle.
Indeed, if ADA can achieve this price spike altseason will have arrived. Given Cardano’s constant work over the last few years and its monumental launches like Midnight, perhaps ADA is slowly gearing up for a massive bull rally in the coming months.
Read Also
Memecoin “Bald on BASE” Rockets to $85MM Market Cap in 48 Hours, Then Plummets 85% in Rug Pull
SEXN Platform: OnlyFans V2.0 or Rug Pull Soon?
New Crypto Retik Finance (RETIK) Pulls Investors from Cardano (ADA) After CEX Listings, Hits $3 ATH in 20x Rally
BNB Price Soars Amid Crypto Recovery Rally: Can the Bulls Pull Toward $280?
Investing in BEFE Token: Evaluating Its Potential for 10x or 20x?
The post Cardano Pulled 150x to Surpass $3 Last Cycle, Can ADA Pull a 20x This Cycle to Set a New ATH Past $5? appeared first on Crypto News Land.
