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The chart shows TRX forming a symmetrical triangle pattern, indicating potential breakout continuation. Price consolidates within ascending support and descending resistance. The RSI is neutral at 45.29, suggesting no overbought or oversold conditions. A bullish breakout above resistance could trigger a significant upward move, targeting the highlighted price zone.
The chart illustrates a bull flag pattern for TRX, characterized by a strong upward move followed by a descending consolidation channel. The RSI at 47.67 indicates neutral momentum, suggesting room for upward movement. A breakout above the descending resistance could confirm bullish continuation toward the highlighted target zone, signaling positive market sentiment.
The chart highlights strong liquidation clusters around $0.28-$0.29 with price stabilization. Increasing liquidity zones suggest potential bullish momentum, while low resistance at $0.305 enhances the probability of upward continuation for TRX coin.
Entry: 0.2745 1st Tp: 0.3375 2nd Tp: 0.4087 3rd Tp : 0.4725 This signal is only for spot if you want future signals join my binance live. Just click on my profile to join my live. $TRX
🚨 Charles Hoskinson Just Gave the 2025 Cardano Plan to Take Over! 🚨 💡 Cardano ($ADA ) is gearing up for an epic transformation, with Charles Hoskinson unveiling bold strategies that could make ADA the most dominant crypto by 2025! Let’s break down his vision and what it means for Cardano holders. The 2025 Cardano Plan 🔗 Decentralization Redefined Cardano aims to become the most decentralized blockchain on the planet.With the continued rollout of Voltaire and Mithril, Cardano will enhance governance and security while empowering its community. 📈 Layer-2 Scaling with Hydra Hydra is set to bring unparalleled scalability, enabling Cardano to handle millions of transactions per second with minimal fees.This positions ADA for mass adoption in payments, DeFi, and beyond. 🌍 Global Partnerships Hoskinson emphasized expanding partnerships in Africa, Asia, and Latin America, focusing on real-world utility.Initiatives like Atala Prism are driving financial inclusion for millions. 📚 Education & Adoption Cardano’s focus on blockchain education is set to create a new wave of developers building on its network, fueling innovation. ADA’s 2025 Price Potential 🔮 Base Case: With steady progress, ADA could easily reach $3–$5 by 2025. 🔮 Bull Case: If Cardano delivers on its full roadmap and gains significant adoption, a price of $10 or higher is achievable, making early holders life-changing returns! 🌟 Are You Ready for Cardano’s Takeover? Charles Hoskinson’s vision is ambitious, but Cardano has proven it can deliver. What do you think about ADA’s future? Will Cardano take over the crypto space? Let us know below! 💬👇 #Cardano #ADA #CharlesHoskinson #Crypto2025 #BlockchainTakeover
Cardano's November Surge: Factors Behind The Rise And Future Prospects
According to U.Today, Cardano (ADA), the ninth largest cryptocurrency by market capitalization, experienced a significant surge in November, with its value increasing by 211% over the past 30 days, as per CoinGecko data. This rise saw Cardano's market cap triple, surpassing the $1.00 mark for the first time since April 2022. The cryptocurrency began its upward trajectory on November 5, reaching $1 on November 22, a milestone it had not achieved in years. The peak was observed at $1.15 during Saturday's trading session, where resistance was encountered.The recent price increase of Cardano may be attributed to several factors, including heightened whale activity and a positive market sentiment. Crypto analyst Ali Martinez highlighted in a November 22 tweet that the volume of large Cardano transactions on the network exceeded $22 billion per day, indicating significant whale and institutional involvement. These large transactions are linked to high accumulation levels, with whales holding between $1 million and over $10 million in ADA increasing their positions by more than 100% in the past month. In the last 24 hours, Cardano's large transaction volume rose by 17.67% to $45.41 billion, or 41.83 billion ADA.The broader cryptocurrency market also experienced a bull run, with Bitcoin nearing the $100,000 mark, which positively influenced altcoins like Cardano, contributing to its surge. However, at the time of writing, ADA was trading down 11.26% in the last 24 hours to $0.978, as the crypto market faced a downturn due to profit-taking. Despite this decline, ADA remains 36% higher every week. If ADA maintains its price above $0.80, it could indicate that bulls have established this level as support, potentially leading to a rebound above $1 and possibly reaching $1.25. Conversely, if ADA's price falls below $0.80, it could trigger a further decline to $0.63.Cardano's crossing of the $1 market value on Friday marked the first time in over two and a half years. On this date, Santiment reported that trader realized gains were at their highest in eight months, with over $165 million in realized ADA profits, the largest since March 19, 2024. Additionally, social media discussions about ADA have surged since December 8, 2023. Profit-taking by traders may have contributed to the recent price drop, but the overall outlook for ADA remains optimistic if key support levels hold.
Cardano Ecosystem Will Now Have Huawei’s Cloud Infrastructure
The Cardano (ADA) community is electrified with the recent announcement from Emurgo, one of Cardano blockchain’s founding partners, about their new partnership aimed at integrating Huawei’s cloud infrastructure into the Cardano ecosystem.
This development has been met with great enthusiasm within the cryptocurrency community, generating a highly positive outlook. Many are expecting this to significantly boost Cardano’s adoption and utility. A prominent Cardano-focused account on X, known as Cardano Whale, expressed excitement about this new collaboration.
“This partnership will bring Huawei’s cloud infrastructure into the Cardano ecosystem” https://t.co/ANDboLfMKs
— ADA whale (@cardano_whale) April 11, 2024
Developers Will Be Able To Use Web3 Solutions On The Cardano Ecosystem
The collaboration between Emurgo and Huawei Cloud, a leading global cloud computing company, will bring significant advancements to the Cardano ecosystem by integrating Huawei’s cloud infrastructure. This integration will enable developers to create Web3 solutions on Cardano, enhancing its growth and adoption across the Asia-Pacific and Africa regions.
Additionally, the partnership is set to enhance the scalability and interoperability of Cardano’s cloud services. Access to Huawei’s Marketplace, which is accessed by numerous prominent organizations, will further expand Cardano’s Web3 outreach.
Crypto Analysts Think Cardano’s Price Is Exactly Where It Should Be
This achievement marks the initial step towards an expanded partnership between Emurgo and Huawei, aimed at fostering commercial adoption through various means such as validator nodes, events, and technological collaborations.
As anticipation grows within the Cardano community for more specifics and developments regarding the integration with Huawei’s cloud infrastructure, there is increasing enthusiasm about the potential advantages and prospects this collaboration could yield.
Currently, ADA has seen a 1.23% increase in its value over the past 24 hours, reaching $0.584. According to crypto analysts, Cardano’s price dynamics remain stable, with ADA continuing to consolidate within the $0.55–$0.80 range, positioning it for a potential breakout to $1.70.
Emurgo’s CEO Talks About The Future Of Web3
Ken Kodama, CEO of EMURGO, underscored the importance of their new partnership, stating that it aligns with the goal of expediting Web3 adoption and enhancing transparency and trust within the cloud ecosystem.
He stated that the collaboration embodies their collective aim to fast-track Web3 integration, promoting transparency and reliability in the cloud environment.
Rex Lei Yang, Managing Director of Huawei Cloud Singapore, echoed Kodama’s views, emphasizing that the alliance could link Huawei Cloud to a broad network of Web3 developers through the Cardano.
As a key founding member of the Cardano protocol, EMURGO is instrumental in driving commercial opportunities within the Cardano ecosystem. Founded in Japan in 2015, EMURGO supports the growth and achievement of Cardano’s full potential through strategic alliances, educational efforts, investments, and infrastructure enhancements.
Industry experts believe that the new collaboration between EMURGO and Huawei Cloud will significantly contribute to broadening Cardano’s influence in crucial regional markets across the Asia Pacific and Africa. This expansion is vital for Cardano’s mission to transform the Web3 domain.
The post Cardano Ecosystem Will Now Have Huawei’s Cloud Infrastructure appeared first on Coinfomania.
"Huawei Cloud and Cardano Unite: Powering Explosive Web3 Growth Across Asia and Africa!"
The Cardano ecosystem has welcomed Huawei Cloud, one of the largest cloud computing firms globally, to broaden the reach of the Cardano network.
Read more on: https://thecryptobasic.com/2024/04/11/huawei-cloud-joins-cardano-ecosystem-to-scale-web3-solution-in-asia-africa/ #CardanoEcoSystem #Crypto #CryptoNewssCommunity
"Cardano Bullish Scenarios with $7.7 and $9.7 Price Targets - Seize the Opportunity!"
Chris, co-founder of Cardano Ghost Fund, recently presented two possible price scenarios that ADA could take during the ongoing bull season, with targets of $7.77 and $9.71.
Read more on: https://thecryptobasic.com/2024/04/08/analyst-outlines-2-cardano-price-scenarios-targeting-7-7-and-9-7/ #Cardano #Crypto #CryptoNewssCommunity
Elon Musk Shows Interest in Cardano, Dogecoin Predicted to Surge
According to U.Today, tech centibillionaire Elon Musk has recently shown signs of interest in Cardano and its native coin, ADA. User @CardanoFeed tweeted a screenshot showing that Musk now follows his ADA news handle, welcoming him aboard. This comes as a surprise, as Musk is a firm supporter of Dogecoin and has often talked about Bitcoin. In 2021, Tesla acquired $1.5 billion worth of Bitcoin, pushing it to an all-time high in April that year. Tesla also accepted Bitcoin for a few months until Musk shut it down over controversial environmental concerns regarding Bitcoin mining.
However, in the comments thread, user @CryptoIRELAND1 hinted that this might be an April Fool's joke. Earlier, Musk tweeted that he has taken the position of chief DEI officer at Disney, which was also an April Fool's prank. The crypto community supported Musk's trolling attempt and started publishing memes to stress the so-called 'woke position' of Disney, Netflix, and other giants from various business areas when it comes to social policy in various spheres of life.
In other news, according to a recent tweet by crypto analyst Ali Martinez, Elon Musk's favorite cryptocurrency, Dogecoin, currently mirrors the pattern it followed between 2018 and 2021. In 2021, the original meme coin reached an all-time high, hitting $0.7376 on May 8. This historic peak was reached on the back of the Bitcoin ATH reached in April that year and due to Musk endorsing Dogecoin on the SNL show when he debuted. Now, Martinez believes that if Dogecoin is indeed following the same pattern, it could be in for a 'massive parabolic bull run!'
¡Cardano (ADA) Eleva su Volumen de Transacciones en un 108,20%!
El criptoactivo Cardano (ADA) ha dado un paso gigante en el ámbito financiero al registrar un impresionante aumento del 108,20% en su volumen de operaciones en las últimas 24 horas, alcanzando la destacada cifra de 623.423.286 dólares. Este significativo incremento no solo refleja la confianza renovada de los inversores en esta criptomoneda, sino que también señala una actividad frenética y prometedora en el mercado digital.
El vertiginoso ascenso en el volumen de operaciones de Cardano (ADA) ha captado la atención de analistas financieros y expertos en criptomonedas, quienes ven en este logro un indicador claro de la fuerza y estabilidad de esta moneda digital. Este hito marca un momento crucial para Cardano (ADA) en su camino hacia el reconocimiento y la adopción masiva dentro del mercado criptográfico.
El aumento del volumen de operaciones de Cardano (ADA) no solo es un reflejo de su fortaleza como activo digital, sino también de la confianza que los inversores depositan en su potencial a medida que el mercado criptográfico se adapta y evoluciona. Los inversores están demostrando un interés renovado en esta criptomoneda, respaldando su potencial de crecimiento y consolidación en el ecosistema financiero digital.
Este crecimiento explosivo en el volumen de operaciones de Cardano (ADA) también puede interpretarse como una respuesta a las condiciones económicas y geopolíticas actuales, donde los inversores buscan activos seguros y alternativas de inversión que ofrezcan potencial de retorno. En este sentido, Cardano (ADA) emerge como una opción a considerar dentro de un panorama diversificado de criptomonedas.
El incremento del 108,20% en el volumen de operaciones de Cardano (ADA) resalta su posición como un activo dinámico y atractivo en el mercado de criptomonedas. Los inversores y entusiastas del mundo digital continúan mostrando interés en esta criptomoneda, respaldando su potencial de crecimiento y consolidación en el futuro cercano.
https://tradingdifferent.com/code/4vh7NKsC
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