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news-imageDecember 23, 2024

Cardano Price Analysis: New ADA Rally to $1 Soon?

Cardano encountered significant selling pressure following a notable rejection at the $1.3 resistance region, resulting in a sharp decline. However, the price has now reached a critical support level, suggesting the potential for a bullish consolidation phase in the mid-term.
Publisher: CryptoPotato
Sentiment: Neutral
ADA

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Negative
cover-imageUToday
December 23, 2024

4.3 Billion ADA Sell Wall on Cardano's Path to $1: Details

According to on-chain data, Cardano (ADA) is facing a significant challenge on its path to reclaiming the $1 mark, with a sell wall in its path. This sell wall, representing a substantial cluster of 4.3 billion ADA, could act as a key barrier for the cryptocurrency's price recovery past $1.

Positive
cover-imageCrypto Economy
December 23, 2024

Cardano (ADA) Reflects 2020 Bull Cycle Patterns, Analyst Suggests

TL;DR Cardano (ADA) has recently experienced a significant correction, mirroring patterns observed during its 2020 bull cycle, with analysts optimistic about its future trajectory. Prominent analysts predict that ADA could surge to $6, reflecting a potential 560% increase from its current valuation, with key technical indicators showing bullish signals.

Positive
cover-imageCryptoGlobe
December 22, 2024

Charles Hoskinson Reflects on Cardano's Journey and Future

On December 22, 2024, Charles Hoskinson, co-creator of Cardano, addressed the blockchain community in a candid and detailed livestream. Broadcasting from Colorado, Hoskinson shared insights about Cardano's governance, partnerships, and technological advancements while reflecting on the challenges and successes of the year.

Negative
cover-imageCoinPedia
December 22, 2024

Cardano (ADA) Could Fall 15%, Here's Why

Today, December 22, 2024, the overall cryptocurrency market is struggling, while Cardano (ADA) is poised for a notable price decline after forming a bearish price action pattern. Amid this mild bearish market sentiment, traders and investors appear hesitant to participate in the altcoin, according to the on-chain analytics firm Coinglass.

Positive
cover-imageThe Currency Analytics
December 21, 2024

Rising ADA Outflows of $164 Million Point to Possible Price Rebound

Cardano (ADA), the native cryptocurrency of the Cardano blockchain, has been making headlines despite a recent decline in its price. Although the altcoin has experienced a significant drop of more than 30% in the past 48 hours, rising interest from long-term holders and increased participation from traders suggest that a price rebound may be on the horizon.

Negative
cover-imageCoinPedia
December 20, 2024

$164 Million Cardano (ADA) Outflow, Buy Opportunity?

ADA, the native token of the Cardano blockchain, has gained significant attention from crypto enthusiasts despite its recent price decline. The altcoin has experienced a price drop of over 30% in the past 48 hours. However, with rising interest from long-term holders and Binance traders, its price appears to be recovering.

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