Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano (
ADA) Moves Toward $0.
47 as Short-
Term Holders
Stay Put
Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano (ADA) has seen a 5% increase in price over the past 24 hours. This
reflects the general cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта market s positive trajectory since
the US Federal Reserve cut interest rates on Wednesday.
This surge is also fueled partly by the actions of ADA short-term holders, who
appear to be holding onto their coins. Over the past 30 days, their reluctance
to sell has positioned the altcoin to potentially break through the resistance
level at $0.47.
Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano Short-Term Holders Remain Resolute
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According to IntoTheBlock, the number of ADA short-term holders who have held
the coins for less than 30 days has increased over the past month. Often
referred to as “paper hands,” these holders tend to sell their coins at the
slightest sign of trouble.
However, they have adopted a more bullish approach over the past month. Their
decision to refrain from selling reflects a gradual shift in market sentiment
toward ADA.
Read more: How To Stake Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano (ADA)
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Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano Addresses by Time Held. Source: IntoTheBlock
ADA’s attempt to rally above its Ichimoku Cloud on a one-day chart supports
this outlook. As of this writing, the altcoin is poised to breach the Leading
Span A of its Ichimoku Cloud indicator, which tracks its price trends, support
and resistance levels, and potential market reversal points.
The Leading Span A has served as a resistance level where Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano s
price has encountered significant selling pressure over the past few months. A
successful breach of this level would confirm that bullish momentum is
strengthening in the ADA market, signal increased buying interest, and hint at
the potential for a further uptrend. Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano Ichimoku Cloud. Source:
TradingView
ADA Price Prediction: $0.47 Is Likely Only If This Happens
Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano’s Relative Strength Index ( RSI• Экономика » Финансы » Финансовый рынок » Рынок ценных бумаг » Линии Боллинджера » Индекс относительной силы RSI
• Экономика » Финансы » Финансовый рынок » Рынок ценных бумаг » Фондовый рынок » Технический анализ » Индекс относительной силы RSI ) is climbing, signaling increasing
demand for the altcoin. Currently at 51.52, the RSI• Экономика » Финансы » Финансовый рынок » Рынок ценных бумаг » Линии Боллинджера » Индекс относительной силы RSI
• Экономика » Финансы » Финансовый рынок » Рынок ценных бумаг » Фондовый рынок » Технический анализ » Индекс относительной силы RSI shows that buying pressure
is building.
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If ADA breaks through Leading Span A, it could rally toward Leading Span B, a
stronger resistance level. Successfully surpassing this would position Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano
for a potential 31% gain, targeting a price of $0.47.
Read more: 6 Best Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano (ADA) Wallets You Should Consider in September 2024
Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano Daily Analysis. Source: TradingView
However, if demand slows and ADA fails to break Leading Span A, its price
could drop to around $0.27 .
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