Cardano $ADA trading increased in value, driving price growth
Recent data shows that the number of ADA transactions surpassing the $100,000 mark is increasing significantly, marking a sharp increase compared to the average seen in 2024. This increase indicates possible buying pressure for ADA will be strengthened in the near future#StartInvestingInCrypto #binance #ADA
Currently, ADA price is hovering around $0.46, encountering resistance near the 200 EMA on the 4-hour price chart.
ADA price's next moves remain unclear, with potential scenarios including a bullish breakout above $0.46 towards the 50-day SMA at $0.51 and possibly higher, or a pullback below key support levels, signaling a continuation of the bearish trend.$BTC
