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ADA Price Set to Explode, Here’s What Data Says
The post ADA Price Set to Explode, Here’s What Data Says appeared first on Coinpedia Fintech News
ADA, the native token of the Cardano blockchain, is poised for notable upside momentum as whales and investors show strong interest in the altcoin. This surge in interest was observed when the token appeared to be struggling near a strong resistance level.
Cardano (ADA) Technical Analysis and Upcoming Level
According to expert technical analysis, ADA has been consolidating within a tight range between $1.12 and $1.23, near a strong resistance level of $1.24, for the past week. However, the chart shows that since the beginning of November 2024, ADA has consolidated near different resistance levels four times before experiencing massive upside momentum.
Source: Trading View
This time, however, experts and investors are anticipating a similar upside momentum. Based on recent price action, if ADA breaks out of this consolidation and closes a daily candle above the $1.25 level, there is a strong possibility it could soar by 30% to reach $1.65 in the coming days.
On the other hand, ADA’s Relative Strength Index (RSI) currently stands at 71, indicating that it is in an overbought zone and suggesting a potential price correction in the coming days.
$121 Million in ADA Outflow From Exchanges
In addition to ADA’s bullish technical analysis, whales and institutions appear to have shown strong interest and confidence in the altcoin, as reported by the on-chain analytics firm Coinglass. Data from ADA’s spot inflow/outflow revealed that exchanges have witnessed a significant outflow of $121 million in ADA during this ongoing consolidation.
Source: Coinglass
In the cryptocurrency context, outflow refers to the movement of assets from exchanges to wallet addresses, which is considered a bullish sign. This notable outflow also suggests a potential buying opportunity, reduces selling pressure, and indicates further upside momentum in the coming days.
The combination of these bullish on-chain metrics and technical analysis indicates that bulls are currently dominating the asset and could support ADA in breaking out of the consolidation zone.
Current Price Momentum
At press time, ADA is trading near $1.18 and has registered a price decline of 3.5% in the past 24 hours. During the same period, its trading volume increased by 30%, indicating heightened participation from traders and investors compared to the previous day.
ADA, the native token of the Cardano blockchain, is poised for notable upside momentum as whales and investors show strong interest in the altcoin. This surge in interest was observed when the token appeared to be struggling near a strong resistance level.
Cardano (ADA) Technical Analysis and Upcoming Level
According to expert technical analysis, ADA has been consolidating within a tight range between $1.12 and $1.23, near a strong resistance level of $1.24, for the past week. However, the chart shows that since the beginning of November 2024, ADA has consolidated near different resistance levels four times before experiencing massive upside momentum.
Source: Trading View
This time, however, experts and investors are anticipating a similar upside momentum. Based on recent price action, if ADA breaks out of this consolidation and closes a daily candle above the $1.25 level, there is a strong possibility it could soar by 30% to reach $1.65 in the coming days.
On the other hand, ADA’s Relative Strength Index (RSI) currently stands at 71, indicating that it is in an overbought zone and suggesting a potential price correction in the coming days.
$121 Million in ADA Outflow From Exchanges
In addition to ADA’s bullish technical analysis, whales and institutions appear to have shown strong interest and confidence in the altcoin, as reported by the on-chain analytics firm Coinglass. Data from ADA’s spot inflow/outflow revealed that exchanges have witnessed a significant outflow of $121 million in ADA during this ongoing consolidation.
Source: Coinglass
In the cryptocurrency context, outflow refers to the movement of assets from exchanges to wallet addresses, which is considered a bullish sign. This notable outflow also suggests a potential buying opportunity, reduces selling pressure, and indicates further upside momentum in the coming days.
The combination of these bullish on-chain metrics and technical analysis indicates that bulls are currently dominating the asset and could support ADA in breaking out of the consolidation zone.
Current Price Momentum
At press time, ADA is trading near $1.18 and has registered a price decline of 3.5% in the past 24 hours. During the same period, its trading volume increased by 30%, indicating heightened participation from traders and investors compared to the previous day.
zet_17:
apakah anda percaya sekarang?
ADA/USDC Technical Analysis: Breakout Incoming?
The chart shows ADA/USDC forming a symmetrical triangle pattern, suggesting a potential breakout.
• The green vertical line represents the potential upside breakout target. If ADA breaks above the triangle, we could see targets at the resistance levels indicated by the yellow and blue lines:
• First Target: $1.2641
• Second Target: $1.3265
• Third Target: $1.4242
• The red vertical line represents the potential downside breakout target. If ADA breaks below the triangle, watch for support levels at:
• First Target: $1.1043
• Second Target: $1.0792
• Third Target: $0.9454
This pattern typically resolves with a sharp move in either direction, so stay cautious and manage your risk!
$ADA #CardanoStablecoin"
The chart shows ADA/USDC forming a symmetrical triangle pattern, suggesting a potential breakout.
• The green vertical line represents the potential upside breakout target. If ADA breaks above the triangle, we could see targets at the resistance levels indicated by the yellow and blue lines:
• First Target: $1.2641
• Second Target: $1.3265
• Third Target: $1.4242
• The red vertical line represents the potential downside breakout target. If ADA breaks below the triangle, watch for support levels at:
• First Target: $1.1043
• Second Target: $1.0792
• Third Target: $0.9454
This pattern typically resolves with a sharp move in either direction, so stay cautious and manage your risk!
$ADA #CardanoStablecoin"
Cardano ($ADA) to Face a Price Drop Before Next Leg Up: Analyst
Cardano ($ADA) is currently displaying a positive outlook despite its recent modest performance. Michaël van de Poppe, a well-known crypto analyst, has highlighted Cardano’s reentry in its former trading range, indicating the potential to secure an exclusive all-time high price level. The analyst took to social media to discuss the current scenario of Cardano in the crypto market.
Request 02 – $ADAThis one has been doing great, but it's just barely up.Back in the old range, and I think that $0.75 & $1 are two great swing trade entry zones. I do expect a new ATH to come for this ecosystem in 2025. pic.twitter.com/7lKIRJx3cc
— Michaël van de Poppe (@CryptoMichNL) December 7, 2024
Cardano Re-Enters Previous Price Range, Displaying Potential for New All-Time Highs
Michaël van de Poppe mentioned that $ADA has re-entered the previous trading range, showing resilience. The gains thereof have reportedly been marginal in comparison with the rest of the altcoins amid the new market rally. Nonetheless, the current phase of comparative stability could provide an opportunity to facilitate strategic investors.
The analyst talked about the $1.00 and $0.75 as the best price levels in the case of swing-trade entries. The respective zones are historically noteworthy for Cardano. They denote key levels of accumulation and support in the past. These price spots might attract investors looking for medium-term trades as $ADA prepares for the next move thereof. Cardano formerly achieved its all-time high of $3.10 back in 2021’s bull run. However, the analyst has confidence in the token’s potential jump toward another ATH.
The Strategic of $ADA Might Lead to Exclusive Opportunities for Patient Investors
According to Michaël van de Poppe, $ADA’s ongoing development and strategic positioning could push its value to exclusive heights. At the moment, the analyst’s insights give an optimistic overview to boost the morale of the patient investors for likely opportunities in the long term.
Request 02 – $ADAThis one has been doing great, but it's just barely up.Back in the old range, and I think that $0.75 & $1 are two great swing trade entry zones. I do expect a new ATH to come for this ecosystem in 2025. pic.twitter.com/7lKIRJx3cc
— Michaël van de Poppe (@CryptoMichNL) December 7, 2024
Cardano Re-Enters Previous Price Range, Displaying Potential for New All-Time Highs
Michaël van de Poppe mentioned that $ADA has re-entered the previous trading range, showing resilience. The gains thereof have reportedly been marginal in comparison with the rest of the altcoins amid the new market rally. Nonetheless, the current phase of comparative stability could provide an opportunity to facilitate strategic investors.
The analyst talked about the $1.00 and $0.75 as the best price levels in the case of swing-trade entries. The respective zones are historically noteworthy for Cardano. They denote key levels of accumulation and support in the past. These price spots might attract investors looking for medium-term trades as $ADA prepares for the next move thereof. Cardano formerly achieved its all-time high of $3.10 back in 2021’s bull run. However, the analyst has confidence in the token’s potential jump toward another ATH.
The Strategic of $ADA Might Lead to Exclusive Opportunities for Patient Investors
According to Michaël van de Poppe, $ADA’s ongoing development and strategic positioning could push its value to exclusive heights. At the moment, the analyst’s insights give an optimistic overview to boost the morale of the patient investors for likely opportunities in the long term.
Feed-Creator-0494d26d9:
Çöp coin dir ada bi cacık olmaz bundan boş yere almayın
Here's a comparison between Pepe (PEPE), XRP (XRP), and Cardano (ADA):
*Market Capitalization:*
1. Cardano (ADA): $13.4 billion
2. XRP (XRP): $12.4 billion
3. Pepe (PEPE): $324 million
*Current Price:*
1. Cardano (ADA): $0.44
2. XRP (XRP): $0.33
3. Pepe (PEPE): $0.00000137
*24-hour Trading Volume:*
1. XRP (XRP): $1.3 billion
2. Cardano (ADA): $434 million
3. Pepe (PEPE): $12 million
*Price Change (24 hours):*
1. Pepe (PEPE): 14.11% increase
2. Cardano (ADA): 2.32% increase
3. XRP (XRP): 1.45% increase
Keep in mind that market data can fluctuate rapidly, and these numbers might not reflect the current market situation. #earn
*Market Capitalization:*
1. Cardano (ADA): $13.4 billion
2. XRP (XRP): $12.4 billion
3. Pepe (PEPE): $324 million
*Current Price:*
1. Cardano (ADA): $0.44
2. XRP (XRP): $0.33
3. Pepe (PEPE): $0.00000137
*24-hour Trading Volume:*
1. XRP (XRP): $1.3 billion
2. Cardano (ADA): $434 million
3. Pepe (PEPE): $12 million
*Price Change (24 hours):*
1. Pepe (PEPE): 14.11% increase
2. Cardano (ADA): 2.32% increase
3. XRP (XRP): 1.45% increase
Keep in mind that market data can fluctuate rapidly, and these numbers might not reflect the current market situation. #earn
it is Me Again:
hello pls wake up .... pls be up to date.... don't be an attention seeker and post rubbish
$ADA hold your coins…. Just be patient.
I was in your shoes before thinking that i’ve hit the spot jackpot when i bought ada’s around .70, and goes down to .50 by buying more on dips DCA… its been a roller coaster months months months, price even goes down to .31 and i dont have funds anymore to buy those big dips… i just waited and waited with a mindset that even if price goes down, the no of my adas remains the same.. look where we are now, above 1usd… i profited already if im going to sell it now, but wait.. the bull peak is not yet there.. just be patient, dont get emotional or it will bring you down…
I was in your shoes before thinking that i’ve hit the spot jackpot when i bought ada’s around .70, and goes down to .50 by buying more on dips DCA… its been a roller coaster months months months, price even goes down to .31 and i dont have funds anymore to buy those big dips… i just waited and waited with a mindset that even if price goes down, the no of my adas remains the same.. look where we are now, above 1usd… i profited already if im going to sell it now, but wait.. the bull peak is not yet there.. just be patient, dont get emotional or it will bring you down…
Is Cardano (ADA) in Danger of Being Overvalued? Key Indicators Raise Concerns
According to historical data, Cardano (ADA) may be approaching overvalued territory. This comes after an impressive 180% price increase over the last 30 days.
For some investors, the timing might seem premature, especially with the much-anticipated altcoin season just beginning. However, on-chain indicators suggest that ADA might face a correction before establishing new highs.
Cardano Metrics Flash Bearish Signs
One key metric suggesting that Cardano could soon be overvalued is the Market Value to Realized Value (MVRV) Long/Short Difference. The MVRV Long/Short Difference checks if long-term holders have more unrealized profits at the current price or if short-term holders do.
When the metric increases, it means long-term holders have made more gains. On the other hand, if it decreases or falls to the negative region, it means short-term holders have the upper hand.
This difference can also help spot when a cryptocurrency is undervalued or overvalued. Looking at historical data, Cardano’s price hit an overvalued point when the MVRV Long/Short difference hit 57.94% in March.
Cardano Market Value to Realized Value Long/Short Difference. Source: Santiment
As seen above, the metric’s reading has hit 52.71%, suggesting that ADA could be close to being overvalued again. If validated, then the altcoin’s price might undergo a notable correction.
Apart from this, IntoTheBlock data shows a spike in the Network Value to Transaction (NVT) ratio. The NVT ratio is a metric used to assess a cryptocurrency’s valuation relative to the value being transmitted on the network.
When the ratio drops, it means that transaction volume has outpaced market cap growth, indicating that the token is undervalued. On the other hand, a rise in the NVT ratio, as it is currently, indicates that Cardano’s market cap has grown faster than the value transacted. If this remains the case, the ADA might be tagged overpriced, and the value might decrease.
Cardano Network Value to Transaction (NVT) Ratio. Source: IntoTheBlock ADA Price Prediction: Lower Than $1
From a technical perspective, the daily chart shows that the Bollinger Bands (BB) has expanded. This notable expansion indicates high volatility around ADA, suggesting that price swings in the coming days could be massive.
But besides that, the upper band of the BB tapped ADA’s price at $1.30. When the upper band of the indicator hits the price, it means it is overbought. On the other hand, when the lower band does that, it indicates an oversold status.
Cardano Daily Analysis. Source: TradingView
Therefore, it appears that the Cardano token is overbought. Considering this condition, then Cardano’s price could decrease to $0.92. On the flip side, if buying pressure increases, this might not happen as ADA could rise above $1.40.
For some investors, the timing might seem premature, especially with the much-anticipated altcoin season just beginning. However, on-chain indicators suggest that ADA might face a correction before establishing new highs.
Cardano Metrics Flash Bearish Signs
One key metric suggesting that Cardano could soon be overvalued is the Market Value to Realized Value (MVRV) Long/Short Difference. The MVRV Long/Short Difference checks if long-term holders have more unrealized profits at the current price or if short-term holders do.
When the metric increases, it means long-term holders have made more gains. On the other hand, if it decreases or falls to the negative region, it means short-term holders have the upper hand.
This difference can also help spot when a cryptocurrency is undervalued or overvalued. Looking at historical data, Cardano’s price hit an overvalued point when the MVRV Long/Short difference hit 57.94% in March.
Cardano Market Value to Realized Value Long/Short Difference. Source: Santiment
As seen above, the metric’s reading has hit 52.71%, suggesting that ADA could be close to being overvalued again. If validated, then the altcoin’s price might undergo a notable correction.
Apart from this, IntoTheBlock data shows a spike in the Network Value to Transaction (NVT) ratio. The NVT ratio is a metric used to assess a cryptocurrency’s valuation relative to the value being transmitted on the network.
When the ratio drops, it means that transaction volume has outpaced market cap growth, indicating that the token is undervalued. On the other hand, a rise in the NVT ratio, as it is currently, indicates that Cardano’s market cap has grown faster than the value transacted. If this remains the case, the ADA might be tagged overpriced, and the value might decrease.
Cardano Network Value to Transaction (NVT) Ratio. Source: IntoTheBlock ADA Price Prediction: Lower Than $1
From a technical perspective, the daily chart shows that the Bollinger Bands (BB) has expanded. This notable expansion indicates high volatility around ADA, suggesting that price swings in the coming days could be massive.
But besides that, the upper band of the BB tapped ADA’s price at $1.30. When the upper band of the indicator hits the price, it means it is overbought. On the other hand, when the lower band does that, it indicates an oversold status.
Cardano Daily Analysis. Source: TradingView
Therefore, it appears that the Cardano token is overbought. Considering this condition, then Cardano’s price could decrease to $0.92. On the flip side, if buying pressure increases, this might not happen as ADA could rise above $1.40.
Talha47:
currently any have idea.is ADA going to Down
Cardano (ADA) Price Prediction for December 8
Sellers are becoming more powerful at the end of the week, according to CoinMarketCap.
ADA/USD
The rate of Cardano (ADA) has dropped by 0.40% since yesterday. Over the last week, the price has risen by 12.69%.
On the hourly chart, the price of ADA is closer to the resistance level than to the support.
card
If a breakout of the upper line happens, the growth may continue to the $1.22-$1.23 range by tomorrow.
A similar picture is on the daily time frame. If the rate reaches the resistance of $1.2424 and the bar closes around it, the accumulated energy might be enough for a test of the $1.30 area soon.
From the midterm point of view, traders should pay attention to the weekly bar closure in terms of the $1.1542 level. If the candle closes above, bulls remain more powerful than bears.
ADA is trading at $1.2109 at press time.
ADA/USD
The rate of Cardano (ADA) has dropped by 0.40% since yesterday. Over the last week, the price has risen by 12.69%.
On the hourly chart, the price of ADA is closer to the resistance level than to the support.
card
If a breakout of the upper line happens, the growth may continue to the $1.22-$1.23 range by tomorrow.
A similar picture is on the daily time frame. If the rate reaches the resistance of $1.2424 and the bar closes around it, the accumulated energy might be enough for a test of the $1.30 area soon.
From the midterm point of view, traders should pay attention to the weekly bar closure in terms of the $1.1542 level. If the candle closes above, bulls remain more powerful than bears.
ADA is trading at $1.2109 at press time.
The owners of Cardano (ADA) have said that starting tomorrow, December 9, the cardano market exchange will stop. "There is one problem, the Cardano foundation ( X ) account was hacked and fake information was leaked, so we need to fix it," Cardano CEO Charles Hoskinson said.
💰HACKING SHOCKWAVES: WILL $ADA RECOVER FROM THE CARDANO FOUNDATION BREACH? 🚨💻
ADA, the native cryptocurrency of the Cardano blockchain, has recently been impacted by a significant hacking incident 🤯. The Cardano Foundation's official X account was compromised, and a fake announcement was made claiming that the SEC had filed a lawsuit against the foundation and that they would be ceasing support for the ADA token 🚨.
Although the $ADA price remained relatively stable, and the incident was quickly identified as a hack 💻, the breach has raised concerns about the security of the Cardano ecosystem 🔒.
In terms of price performance, ADA has been on a roll, skyrocketing by 170% in the past month and reaching a multi-year peak of $1.3 before correcting slightly 📈. Currently, ADA is trading at around $1.19, with a 24-hour low of $1.17 and a high of $1.22 📊. #CardanoFoundationHack
Looking ahead, some analysts predict that ADA's price trend may still be bearish, with a potential decline to $0.25 📉. However, with the Cardano Summit 2024 generating buzz and excitement, it's difficult to predict exactly what's in store for ADA's price 🔮.
Overall, the hacking incident has raised important questions about the security of the Cardano ecosystem, and ADA's price may be impacted by the fallout 🤔.
#ADA #Cardano #Hacking #Cryptocurrency #Security #Blockchain #CryptoNews
ADA, the native cryptocurrency of the Cardano blockchain, has recently been impacted by a significant hacking incident 🤯. The Cardano Foundation's official X account was compromised, and a fake announcement was made claiming that the SEC had filed a lawsuit against the foundation and that they would be ceasing support for the ADA token 🚨.
Although the $ADA price remained relatively stable, and the incident was quickly identified as a hack 💻, the breach has raised concerns about the security of the Cardano ecosystem 🔒.
In terms of price performance, ADA has been on a roll, skyrocketing by 170% in the past month and reaching a multi-year peak of $1.3 before correcting slightly 📈. Currently, ADA is trading at around $1.19, with a 24-hour low of $1.17 and a high of $1.22 📊. #CardanoFoundationHack
Looking ahead, some analysts predict that ADA's price trend may still be bearish, with a potential decline to $0.25 📉. However, with the Cardano Summit 2024 generating buzz and excitement, it's difficult to predict exactly what's in store for ADA's price 🔮.
Overall, the hacking incident has raised important questions about the security of the Cardano ecosystem, and ADA's price may be impacted by the fallout 🤔.
#ADA #Cardano #Hacking #Cryptocurrency #Security #Blockchain #CryptoNews
FSM8:
Grand Analyst loooool
ADA Price Unfazed Despite Hacked Cardano Foundation X Account Indicating SEC Lawsuit
Charles Hoskinson, the founder of IOG – the organization between the Cardano ecosystem, has informed that the Cardano Foundation’s X account has been compromised by bad actors.
They posted a tween about an SEC lawsuit, claiming that the Foundation will cease its support for ADA.
The false statement begins by explaining that the US Securities and Exchange Commission has continued with its war against crypto under the current regime by filing a lawsuit against the Cardano Foundation.
Consequently, the team had made “the difficult decision to immediately cease all support towards the ADA token to ensure compliance with regulatory requirements.”
Such statements typically impact assets in the ever-volatile cryptocurrency market, but the swift reaction of X’s team and Charles Hoskinson seem to have protected ADA’s price. Cardano’s native token remains relatively still at almost $1.2 after a minor decline on a 24-hour scale.
Hoskinson was quick to point out to his one million followers on X that the Foundation’s account had been hacked. There’s also a statement under the false post on X outlining the compromised account.
Looks like the CF account got hacked. Try harder hackers https://t.co/DhT9PpgfZt
— Charles Hoskinson (@IOHK_Charles) December 8, 2024
ADA has been among the top performers in the past month or so, skyrocketing by 170% within that timeframe and jumping to a multi-year peak of $1.3 before correcting slightly to its current level.
The post ADA Price Unfazed Despite Hacked Cardano Foundation X Account Indicating SEC Lawsuit appeared first on CryptoPotato.
They posted a tween about an SEC lawsuit, claiming that the Foundation will cease its support for ADA.
The false statement begins by explaining that the US Securities and Exchange Commission has continued with its war against crypto under the current regime by filing a lawsuit against the Cardano Foundation.
Consequently, the team had made “the difficult decision to immediately cease all support towards the ADA token to ensure compliance with regulatory requirements.”
Such statements typically impact assets in the ever-volatile cryptocurrency market, but the swift reaction of X’s team and Charles Hoskinson seem to have protected ADA’s price. Cardano’s native token remains relatively still at almost $1.2 after a minor decline on a 24-hour scale.
Hoskinson was quick to point out to his one million followers on X that the Foundation’s account had been hacked. There’s also a statement under the false post on X outlining the compromised account.
Looks like the CF account got hacked. Try harder hackers https://t.co/DhT9PpgfZt
— Charles Hoskinson (@IOHK_Charles) December 8, 2024
ADA has been among the top performers in the past month or so, skyrocketing by 170% within that timeframe and jumping to a multi-year peak of $1.3 before correcting slightly to its current level.
The post ADA Price Unfazed Despite Hacked Cardano Foundation X Account Indicating SEC Lawsuit appeared first on CryptoPotato.
Cardano's ADA Experiences Short-Term Decline Amid Security Breach
According to PANews, the cryptocurrency ADA, associated with the Cardano blockchain, experienced a short-term decline, dropping below 1.18 USDT. As of the latest report, ADA is priced at 1.1814 USDT, marking a 24-hour decrease of 3.08%.
BRANKIM DOS AÇORES :
It will be fine
$ADA
Long
Leverage: 30x
Take Entry: 1.1910 - 1.1940
Take Profit Targets:
1.2035
1.2181
1.2300
1.2525
Stop loss: 1.1616
🚨Use 3% amount Only
More information: @CRYPTO SNIPPER N
Long
Leverage: 30x
Take Entry: 1.1910 - 1.1940
Take Profit Targets:
1.2035
1.2181
1.2300
1.2525
Stop loss: 1.1616
🚨Use 3% amount Only
More information: @CRYPTO SNIPPER N
$ENA
ENA: The Next Big Crypto? 🚀
Ethena's native token, ENA, is powering a revolutionary synthetic dollar protocol on Ethereum. With governance rights and a crucial role in securing the network, ENA has the potential to skyrocket. 📈
Imagine an ENA price of $10 USD. That's a massive opportunity for early investors. 🤑
#ENA #Crypto #DeFi #Ethereum #Blockchain
Disclaimer: This is not financial advice. Do your own research before investing.
ENA: The Next Big Crypto? 🚀
Ethena's native token, ENA, is powering a revolutionary synthetic dollar protocol on Ethereum. With governance rights and a crucial role in securing the network, ENA has the potential to skyrocket. 📈
Imagine an ENA price of $10 USD. That's a massive opportunity for early investors. 🤑
#ENA #Crypto #DeFi #Ethereum #Blockchain
Disclaimer: This is not financial advice. Do your own research before investing.
Shae Sturghill tUE7:
ENA GO 5$ 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
#Altcoin Season is starting!🚀
Next week is going to be huge:
• $ETH to $10,000
• $SOL to $2,000
• $SHIB to $0.1
• $DOGE to $5
• $XRP to $10
• $ACT to $5
• $ADA to $10
• $CHILLGUY to $3
#AltcoinSeason
Next week is going to be huge:
• $ETH to $10,000
• $SOL to $2,000
• $SHIB to $0.1
• $DOGE to $5
• $XRP to $10
• $ACT to $5
• $ADA to $10
• $CHILLGUY to $3
#AltcoinSeason
Guys im a little bit confuse about ADA coin as i invested 500 dollars in it so anybody can tell me that ADA will give huge profit or not as i have generated 10 dollar in one day and now in a bit of loss so any expert kinsly guide me as im bit confuse Thanks!!
Crypto_Ghost2:
Thanks bro
🚨$T T/USDT Soars 17.66% – Infrastructure Token Gains Momentum! 🚨
$T is currently trading at $0.04211, marking an impressive 17.66% gain over the last 24 hours. With a high of $0.04260 and a low of $0.03524, this surge reflects strong buying pressure and renewed interest in the token. The trading volume stands at 395.01M T and $15.71M USDT, showcasing significant market activity.
---
Why is T/USDT Rising?
1️⃣ Infrastructure Growth: $T ’s role in blockchain infrastructure development continues to draw investor interest.
2️⃣ Volume Surge: Increased activity reflects heightened market participation.
3️⃣ Momentum Build-Up: The consistent upward trend signals bullish sentiment among traders.
---
Key Levels to Watch:
Resistance: $0.04260 – A breakout above this could push toward $0.045.
Support: $0.04000 – Holding above this level is crucial to maintain the upward momentum.
---
💡 Outlook:
$T ’s rise highlights the growing confidence in its utility within the infrastructure sector. Traders should watch for a breakout above $0.04260 to signal further gains, while a dip below $0.04000 could lead to short-term consolidation.
What’s your next move with $T ? Holding, buying, or waiting? Let’s discuss below!
#T #CryptoInfrastructure #MarketRally #BinanceSquareFamily #Share1BNBDaily
$T is currently trading at $0.04211, marking an impressive 17.66% gain over the last 24 hours. With a high of $0.04260 and a low of $0.03524, this surge reflects strong buying pressure and renewed interest in the token. The trading volume stands at 395.01M T and $15.71M USDT, showcasing significant market activity.
---
Why is T/USDT Rising?
1️⃣ Infrastructure Growth: $T ’s role in blockchain infrastructure development continues to draw investor interest.
2️⃣ Volume Surge: Increased activity reflects heightened market participation.
3️⃣ Momentum Build-Up: The consistent upward trend signals bullish sentiment among traders.
---
Key Levels to Watch:
Resistance: $0.04260 – A breakout above this could push toward $0.045.
Support: $0.04000 – Holding above this level is crucial to maintain the upward momentum.
---
💡 Outlook:
$T ’s rise highlights the growing confidence in its utility within the infrastructure sector. Traders should watch for a breakout above $0.04260 to signal further gains, while a dip below $0.04000 could lead to short-term consolidation.
What’s your next move with $T ? Holding, buying, or waiting? Let’s discuss below!
#T #CryptoInfrastructure #MarketRally #BinanceSquareFamily #Share1BNBDaily
Cardano Constitution Finally Accepted: What to Know
Cardano Constitution, a one-of-a-kind multi-purpose codex of principles for the Cardano (ADA) ecosystem, its scaling, growth and tech development, is now one step closer to being ratified. Being green-lit by Constitution Committee, the draft awaits approval from DReps.
Cardano Constitution accepted by Committee, ADA community referendum arrives next month
According to the official statements by Cardano's IOG and EMURGO, the first draft of the Cardano Constitution, a universal code of "provisions and guardrails" for the blockchain's future, received an approval from Constitutional Convention 2024.
We’ve come a long way to make today happen.The Cardano Constitution has been accepted, marking a defining moment in this journey toward fully decentralized governance. We still have one further crucial step to take as a community.Next, in January, the approved text will be… https://t.co/BwKks69o9X
— Input Output (@InputOutputHK) December 6, 2024
Cardano Constitutional Convention took place in Buenos Aires, Argentina, on Dec. 5-6. It was attended by dozens of Cardano (ADA) enthusiasts, developers, investors and researchers from across the globe as well as by ADA stakers and delegators.
As this major milestone is accomplished, the document passes to the ADA community. In January 2024, DReps (Delegated Representatives) of Cardano (ADA) will either approve the document or reject it.
As per the CardanoScan explorer, there are about 800 DReps in the Cardano (ADA) ecosystem. Over half of them are active and allocated deposits of 500 ADA (roughly $600 in equivalent) as governance contributions.
Since the DReps referendum is set to happen in January 2025, ADA holders still have an opportunity to delegate their votes in favor of one of them.
card
As covered by U.Today previously, Cardano Constitution will be put on-chain before the start of the community referendum.
Cardano (ADA) DeFi TVL tripled in 30 days
Major governance accomplishments are registered amid the growth of on-chain activity on Cardano (ADA). Recently, the blockchain crossed the 100 million successful transactions milestone.
Also, its total value locked across all decentralized finance apps (DeFi TVL) metric went parabolic in the first days of December 2024. In just a month, it surged from $230 million to over $705 million.
Liqwid, Minswap and Indigo remain dominant Cardano-based DeFi applications being responsible for over 50% of this volume, DefiLlama tracker says.
Cardano Constitution accepted by Committee, ADA community referendum arrives next month
According to the official statements by Cardano's IOG and EMURGO, the first draft of the Cardano Constitution, a universal code of "provisions and guardrails" for the blockchain's future, received an approval from Constitutional Convention 2024.
We’ve come a long way to make today happen.The Cardano Constitution has been accepted, marking a defining moment in this journey toward fully decentralized governance. We still have one further crucial step to take as a community.Next, in January, the approved text will be… https://t.co/BwKks69o9X
— Input Output (@InputOutputHK) December 6, 2024
Cardano Constitutional Convention took place in Buenos Aires, Argentina, on Dec. 5-6. It was attended by dozens of Cardano (ADA) enthusiasts, developers, investors and researchers from across the globe as well as by ADA stakers and delegators.
As this major milestone is accomplished, the document passes to the ADA community. In January 2024, DReps (Delegated Representatives) of Cardano (ADA) will either approve the document or reject it.
As per the CardanoScan explorer, there are about 800 DReps in the Cardano (ADA) ecosystem. Over half of them are active and allocated deposits of 500 ADA (roughly $600 in equivalent) as governance contributions.
Since the DReps referendum is set to happen in January 2025, ADA holders still have an opportunity to delegate their votes in favor of one of them.
card
As covered by U.Today previously, Cardano Constitution will be put on-chain before the start of the community referendum.
Cardano (ADA) DeFi TVL tripled in 30 days
Major governance accomplishments are registered amid the growth of on-chain activity on Cardano (ADA). Recently, the blockchain crossed the 100 million successful transactions milestone.
Also, its total value locked across all decentralized finance apps (DeFi TVL) metric went parabolic in the first days of December 2024. In just a month, it surged from $230 million to over $705 million.
Liqwid, Minswap and Indigo remain dominant Cardano-based DeFi applications being responsible for over 50% of this volume, DefiLlama tracker says.
Cardano (ADA) Price Prediction: Will $1000 Worth of ADA Make You a Millionaire in 2025?
Since Cardano is a blockchain platform known for its scalability and sustainability, its recent performance has attracted the interest of cryptocurrency enthusiasts. ADA has shown extraordinary performance over one month, virtually tripling in value and exceeding Bitcoin and Dogecoin. Given an estimated market value of $39.6 billion, the rise supports its eighth rank among cryptocurrencies. ADA's price skyrocketed from $0.33 to $1.11 in thirty days, a 236% increase. Right now, the token moves steadily at $1.13. Even with this amazing comeback, ADA's price is still much below its all-time high of $2.80, which was attained during the 2021 cryptocurrency explosion. Many question if ADA may turn a $1,000 investment now into a millionaire-maker by 2025 as market hope rises.
Price Forecast for Cardano in 2025
Future prospects for Cardano seem bright; experts project more increases by 2025. This year corresponds with the expected consequences of the Bitcoin halving, a cyclical occurrence that affects market mood and propels crypto prices. Cardano is expected to follow suit if Bitcoin hits fresh highs for altcoins. Furthermore, regulatory clarity in the cryptocurrency market can help ADA's price stay in line. The outcome of continuous legal conflicts between the SEC and big exchanges, as well as possible congressional participation, could create a more suitable climate for cryptocurrencies. A major influence is Cardano's development roadmap. Introduced in recent upgrades, the community-driven governance approach helps users influence the platform's direction. A fresh road map or significant update could draw additional interest and funding, driving higher ADA prices.
Analysts project Cardano hitting a possible high of $2.42 in 2025. With today's price of $1.13, a $1,000 investment would produce about 884 ADA tokens. Should ADA equal $2.42, the value of this investment would rise to $2,140, double the starting amount. ADA's potential for development still appeals to consistent profits, even if it cannot produce millionaires overnight.
Introducing Rexas Finance (RXS): The Next Crypto Millionaire Maker
Although the recent surge of Cardano is making headlines, Rexas Finance is becoming a disruptive actor in the cryptocurrency market. Launched on September 8, 2024, Rexas Finance is transforming the undeveloped industry with great potential in the real-world asset tokenizing market. By allowing users to tokenize real estate, art, and intellectual property, Rexas Finance is making asset ownership and liquidity more easily available, transparent, and efficient. Since its inception, Rexas Finance has completed several presale stages, with each stage selling ahead of time. Mirroring the early success of initiatives like Solana and Dogecoin, early investors have already achieved an astonishing 316% return on investment. Rexas Finance Tokens (RXS), now in Stage 9, cost $0.125. Selling 291,538,425 tokens out of 335,000,000, the initiative has now raised $20,942,508 out of its $26,375,000 objective.
Rexas Finance intends to list on three top-tier exchanges in Q1 at an initial price of $0.20, looking ahead to 2025. Following these listings, analysts project a spike in demand for RXS tokens; prices are expected to hit $5 in mid-2025 and $20 by year-end. The platform's actual use cases and proven leadership in asset tokenizing drive this positive view.
Potential Return on Investment: Rexas Finance against Cardano
The possible profits for investors considering Rexas Finance are astonishing. With the present price of $0.125, a $1,000 investment would produce 8,000 RXS tokens. Should RXS meet the projected $20 price by the end of 2025, the value of these tokens will skyrocket to $160,000. Rexas Finance offers an exponential possibility when compared to Cardano's predicted doubling of investment. Although Cardano is still a dependable investment in cryptocurrencies, Rexas Finance is a transforming tool with great future development capacity. Rexas Finance presents a special chance for investors looking for significant returns since it emphasizes transforming asset tokenization and has outstanding presale performance. For someone wishing to join the next wave of crypto billionaires, a $1,000 investment in ADA today could offer strong gains by 2025, but the same amount invested in Rexas Finance could produce life-changing effects.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Price Forecast for Cardano in 2025
Future prospects for Cardano seem bright; experts project more increases by 2025. This year corresponds with the expected consequences of the Bitcoin halving, a cyclical occurrence that affects market mood and propels crypto prices. Cardano is expected to follow suit if Bitcoin hits fresh highs for altcoins. Furthermore, regulatory clarity in the cryptocurrency market can help ADA's price stay in line. The outcome of continuous legal conflicts between the SEC and big exchanges, as well as possible congressional participation, could create a more suitable climate for cryptocurrencies. A major influence is Cardano's development roadmap. Introduced in recent upgrades, the community-driven governance approach helps users influence the platform's direction. A fresh road map or significant update could draw additional interest and funding, driving higher ADA prices.
Analysts project Cardano hitting a possible high of $2.42 in 2025. With today's price of $1.13, a $1,000 investment would produce about 884 ADA tokens. Should ADA equal $2.42, the value of this investment would rise to $2,140, double the starting amount. ADA's potential for development still appeals to consistent profits, even if it cannot produce millionaires overnight.
Introducing Rexas Finance (RXS): The Next Crypto Millionaire Maker
Although the recent surge of Cardano is making headlines, Rexas Finance is becoming a disruptive actor in the cryptocurrency market. Launched on September 8, 2024, Rexas Finance is transforming the undeveloped industry with great potential in the real-world asset tokenizing market. By allowing users to tokenize real estate, art, and intellectual property, Rexas Finance is making asset ownership and liquidity more easily available, transparent, and efficient. Since its inception, Rexas Finance has completed several presale stages, with each stage selling ahead of time. Mirroring the early success of initiatives like Solana and Dogecoin, early investors have already achieved an astonishing 316% return on investment. Rexas Finance Tokens (RXS), now in Stage 9, cost $0.125. Selling 291,538,425 tokens out of 335,000,000, the initiative has now raised $20,942,508 out of its $26,375,000 objective.
Rexas Finance intends to list on three top-tier exchanges in Q1 at an initial price of $0.20, looking ahead to 2025. Following these listings, analysts project a spike in demand for RXS tokens; prices are expected to hit $5 in mid-2025 and $20 by year-end. The platform's actual use cases and proven leadership in asset tokenizing drive this positive view.
Potential Return on Investment: Rexas Finance against Cardano
The possible profits for investors considering Rexas Finance are astonishing. With the present price of $0.125, a $1,000 investment would produce 8,000 RXS tokens. Should RXS meet the projected $20 price by the end of 2025, the value of these tokens will skyrocket to $160,000. Rexas Finance offers an exponential possibility when compared to Cardano's predicted doubling of investment. Although Cardano is still a dependable investment in cryptocurrencies, Rexas Finance is a transforming tool with great future development capacity. Rexas Finance presents a special chance for investors looking for significant returns since it emphasizes transforming asset tokenization and has outstanding presale performance. For someone wishing to join the next wave of crypto billionaires, a $1,000 investment in ADA today could offer strong gains by 2025, but the same amount invested in Rexas Finance could produce life-changing effects.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.