Cardano (ADA) is trading around $0.16, supported by a key demand zone between $0.14 and $0.17, with its weekly RSI indicating extreme oversold conditions. Technical analysts have identified a possible inverse head-and-shoulders pattern that could signal a bullish reversal if confirmed by a break above resistance near $0.224-$0.236. Should this resistance be breached, ADA could rise toward $0.31 and potentially higher, with fair value estimates reaching $0.56 and extended targets up to $4.55. However, momentum indicators remain cautious, and a drop below $0.14 could lead to further declines toward $0.10.
SecondFi suffered a security breach from June 21-23, losing about 16.1 million ADA (around $2.6 million) from 374 wallets due to a cryptographic flaw in its wallet software exploited by sophisticated attackers. An investigation revealed the vulnerabi...
SecondFi, a Cardano wallet service, is closing after attackers exploited a software flaw to steal 16.1 million ADA (about $2.4 million) from 374 wallets. The vulnerability allowed private keys to be derived from transaction data on the blockchain, th...
Cardano (ADA) is recovering from a prolonged weakness, currently trading around $0.175 and gaining momentum above key short-term moving averages. The cryptocurrency broke out of a long horizontal trading range between $0.15 and $0.16, signaling impro...
XRP, Cardano (ADA), Stellar (XLM), and Bitcoin (BTC) are showing early signs of bullish recovery after periods of decline. XRP is forming an ascending triangle with rising support, indicating potential for a longer recovery if resistance levels are o...
Cardano plans to invest $19.2 million in the PRIME initiative to boost its DeFi total value locked (TVL) from $90 million to $200 million over 12 months by improving liquidity and DeFi products. The proposal includes audits, incentives, and marketing...
