$ADA
Cardano Price Set to Retest Multi-Month Support

Cardano price set to rebound from the $0.30 support amid strong on-chain growth, key support levels holding firm.

The protocol's focus on future development with high profit target.

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#ADA 🚀🚀🚀Star changes, financial storm warning! ADA market fluctuates greatly, please be cautious in operation! 🚀🚀🚀

📉Currently, ADA trend is dominated by short side, but long side still has a chance to counterattack! 🚨🚨🚨 Find the author Cfst888

🌟Focus on the daily long and short price: 0.4549, if it is stable, the long side is expected to exert force, and the impact pressure level: 0.4608-0.4630-0.4662!

💡If it breaks down, the support level: 0.4408-0.4384-0.4363 will become the key defense line. Remember "maintaining capital is king", defend first and then talk about profit!

🔔 Old irons! Investment is risky, please be cautious when entering the market! Contract operation, defense first, can make steady profits! 🍖
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📣📣📣…Today’s review

🚨🚨🚨 🔥🔥🔥

5/10:

#ADA 🔥🔥🔥💪💪💪…
Currently: ADA reached the first pressure level perfectly at 11 o’clock this morning, and then continued to rise. 🚨🚨🚨🔥🔥🔥Find the author Cfst888

💪💪💪Pay attention: Near the position of 0.4556, as long as the current price is stable, long orders are still dominant, and the support level is near the two positions of 0.4473-0.4362.
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Cardano (ADA) Price Struggles Despite Rebound 🚨🚨🚨

Cardano's price has bounced back 40% from its recent low, but still lags behind its highest point this year. The cryptocurrency faces bearish sentiment due to:

- Waning interest among developers and investors
- Decline in DeFi applications and TVL
- Lack of major meme coin or decentralized exchange (DEX)
- Falling trader sentiment and daily volume

If Bitcoin continues its rally, ADA price may rise. Otherwise, Cardano's price may remain bearish.
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📊 ADA/JPY Analysis: Key Levels and Entry Strategy:

1. Support Level: ADA has found support around ¥47.15. This level represents a potential buying opportunity, as price tends to bounce from here.

2. Resistance Level: The resistance at ¥50.31 is crucial. A breakout above this level could signal further upside, while failure to breach it might lead to a pullback.

3. Entry Strategy: Buy: Consider buying ADA if it holds above ¥47.15 and breaks above ¥50.31. - Sell: Be cautious if ADA falls below ¥47.15; consider selling if it breaks support.

:Remember to use additional indicators and risk management techniques for precise entries and exits. Happy trading! 🚀📈

Disclaimer: This is not financial advice. Always do your own research and consult with a professional before making any investment decisions. 🙌#Write2Earn! #ADA.24小时交易策略 #AdakToTheMoon

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ADA/USDT has exhibited notable activity in the cryptocurrency market over the past four hours. Starting the period at $1.20, Cardano (ADA) surged to a high of $1.30 within the first hour of trading, indicating strong bullish momentum. This rapid price increase attracted significant trading volume and attention from investors.

#ADA Falling Wedge formation on the Daily timeframe Chart..!!

Expecting Breakout soon, So Keep an eye on it. 🧐
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$ADA in freefall! Down 20% in 24 hours, currently at $0.2893.

Oversold RSI (26.42) suggests potential bounce, but bearish engulfing pattern says otherwise.

Sell at current levels, target $0.2500 or lower. Long-term investors, accumulate at support levels. Stop-loss at $0.3500.

DYOR / NFA

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$ADA 's waking up!
3% gain in 24hrs, let's ride this bull run!
$0.60 short term, $1.50 long term. Go ADA!🤞
NFA
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Cardano ( $ADA ) Price Surges to Weekly High, Set to Continue Surge ‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️

- Cardano (ADA) price has increased by 22% in the past seven days, reaching a weekly high of $0.40.
- The price increase is attributed to growing adoption, upcoming Shelley hard fork, and listing on prominent exchanges.
- Experts believe ADA's price will continue to rise due to improving fundamentals and significant potential for scalability and security.
- The Shelley hard fork will bring significant improvements to the Cardano network, making it more scalable and secure.
- Cardano's technology is based on a proof-of-stake consensus algorithm, which is more energy-efficient and less vulnerable to 51% attacks.
- The future of Cardano's price looks promising, driven by significant developments and growing adoption.

DYOR / NFA

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Cardano is sitting near the lower channel support around $0.35. RSI is hovering just above 41, indicating a potential bounce if it holds. Watch for a move upward if the channel support stays intact. If it breaks, we could see more downside pressure.
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$ADA 's price is taking a hit, down 3% in the last 24 hours to $0.3513. Historically, it's been a coin that's closed in the green about half the time, but right now it's struggling. I'm looking at a long-term view and seeing that we're down a whopping 88% from its all-time high of $2.98 about 3 years ago. That's a tough pill to swallow. I'm keeping a close eye on this one to see if it can bounce back or if it's time to reevaluate my strategy

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$ADA : $0.3382, -4%. Bearish short-term, needs to break $0.3954 resistance to reverse trend. Support at $0.2838.

Long-term target: $8.27 (2025), $15.79 (2030), $48.70 (2040).💀
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$ADA Price Prediction: ‼️👀👇

- Current Price: $0.3362
- 24-hour Change: +1.71%
- Days Above Opening: 49.66%
- All-Time High: $2.98 (2 Years 11 Months ago)
- Current Price vs. ATH: -88.70%

Today's outlook: Bullish

Support: $0.32
Resistance: $0.35

Short-term forecast:
- Break above $0.35: Test $0.38
- Break below $0.32: Drop to $0.30

Long-term forecast:
- ADA has a long-term bearish trend
- Potential for gradual recovery, but needs to break above $0.40 to gain momentum

Note: Cardano's price movement can be influenced by various factors, including market sentiment, adoption rates, and technological developments.

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$ADA ’s showing strength. Watch for a breakout above $0.38; if it holds, could push higher. Tighten stops!

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$ADA CHART ANALYSIS :

1. Support and Correction:
Cardano's support level at $0.35 has been breached, indicating a potential major correction. This means that the price has fallen below a critical level, which could lead to further downside movement.
Despite this correction, it's essential to consider the long-term bullish outlook for Cardano. The project has promising fundamentals, and market volatility is common in the cryptocurrency space.

2. Accumulation Zone:
The chart shows an accumulation zone. An accumulation zone typically occurs when investors accumulate a particular asset during a downtrend, anticipating a future price increase.
Given Cardano's positive long-term prospects, this accumulation zone could present an opportunity for investors to accumulate ADA tokens at a relatively lower price.

3. Price Targets:
Key resistance levels to monitor are at $0.36, $0.45, and $0.52. If Cardano manages to break above these levels, it could signal a bullish trend continuation.
If ADA surpasses these milestones, we might see it reaching $0.59 and potentially even $0.72. These targets offer exciting potential for long-term gains.

:Remember that cryptocurrency markets can be highly volatile, so it's essential to stay informed and consider your risk tolerance before making any investment decisions. Always do your research and consult with a financial advisor if needed! 🚀📈

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Countries that have adopted Cardano $ADA

Ethiopia 🇪🇹 in 2021
Argentina 🇦🇷 in 2024

Who's next? #ADA.24小时交易策略