Cardano's price surged to $0.190 after large holders accumulated over 240 million ADA in five days, driving a 22% gain from its July low. The rally was supported by a bullish inverse head-and-shoulders pattern suggesting a potential rise to $0.208. Key resistance lies between $0.190 and $0.195, with sustained gains above this range needed to confirm further upside. The market remains volatile with liquidation clusters near current levels, making the next move dependent on holding support around $0.181 and breaking above $0.195.
Bitcoin rose above $63,800 following the strongest US ISM Manufacturing PMI in over four years, signaling economic expansion without immediate inflation pressure. Oil prices fell sharply after the US called off strikes on Iran, easing geopolitical te...
Cardano (ADA) has experienced significant selling pressure this year, losing 44.63% year-to-date. Recently, the price surged 11% in the past week as buyers returned, signaling a potential accumulation phase. Market metrics show ADA is currently in a ...
Cardano and Injective have connected through the Inter-Blockchain Communication (IBC) protocol on testnet, allowing ADA and INJ tokens to be transferred between the two ecosystems for the first time. This integration enables direct chain-to-chain com...
Cardano (ADA) experienced a sharp price rebound in early August, causing a 99% liquidation imbalance on its derivatives market. Short sellers betting on a price drop below $0.15 were caught off guard as ADA surged past $0.185 to $0.193, triggering ov...
Cardano (ADA) saw its market capitalization increase by $693 million last week, reaching about $6.7 billion, as its price surged 11.52% from $0.1646 to around $0.1836. This rally was driven by strong demand from large holders (whales) who bought over...
