Источник BeInCrypto.com
Заголовок Cardano (ADA) 18% Decline Raises Alarm Amid Weak Network Activity
Дата 20241223

Этим цветом    обозначаются известные системе слова и выражения, принимавшие участие в анализе данного текста, а таким    - идентифицированные, то есть соотнесенные с каким-либо объектом онтологической базы

============= Обработанный текст:
Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano (ADA) 18% Decline Raises Alarm Amid Weak Network Activity

Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano s (ADA) price has decreased by roughly 18% in the last seven
days
, aligning with the broader market condition after a period of consistent
upswing. But besides the price, Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano network activity has also felt the
heat.

This overall decline around the project has raised concerns about the
altcoin’s short-term performance. According to this on-chain analysis , those
concerns may be valid.

Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano Encounters Major Roadblock

Sponsored

Sponsored

On December 8, Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano s price rose to a yearly high of $1.22. But
today, the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта’s value is down to $0.88 due to notable sell-offs .
While ADA holders might anticipate a bounce within a short period, the In/Out
of Money Around Price (IOMAP) shows that it could be challenging.

The IOMAP is an indicator that spots on-chain support and resistance. To do
this, the indicator looks at the addresses currently in unrealized profits
compared to those in losses.Typically, the higher the volume at a price range,
the stronger the support or resistance.

According to IntoTheBlock, the major resistance for ADA lies around $0.92. In
this area, 58,470 Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano addresses accumulated 951.02 million tokens, which
is higher than the token in the money between $0.74 and $0.88. Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano In/Out
of Money Around Price. Source: IntoTheBlock

Sponsored

Sponsored

Should buying pressure remain low, then ADA’s price might find it challenging
to rise above the current price. Instead, the token might experience an
extended correction.

Data from Santiment supports this sentiment, highlighting a significant drop
in Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano s network activity. On December 16, the number of 24-hour
active addresses stood at over 51,000, but at press time, this figure had
fallen to 32,700.

An active address is defined as a wallet involved in a successful
transaction—either as a sender or receiver—over a given period. This metric
serves as a strong indicator of daily user activity on the blockchain. Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano
Active Addresses. Source: Santiment

A rise in active addresses signals increased user engagement, which is
typically bullish for price action. Therefore, the ongoing decline in this
metric suggests a bearish sentiment surrounding ADA.

ADA Price Prediction: Extended Correction Unavoidable

Sponsored

Sponsored

From a technical perspective, the Exponential Moving Average (EMA) suggests
that Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano’s price could continue to decline. The EMA is an indicator that
measures the trend around a cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта.

On the daily chart, the ADA price has dropped below the 20 EMA (blue).
Dropping below the EMA suggests a bearish outlook. Also, the token’s value is
around the same spot as the 50 EMA (yellow).

This position indicates that Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano is on the verge of losing the support at
$0.88. Should this remain the same, ADA’s price might decrease to $0.77. In a
highly bearish scenario, the altcoin’s value might fall to $0.55. Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano
Daily Analysis. Source: TradingView

However, if Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano network activity rises, this trend might change . In that
scenario, the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта’s value could jump to $1.33.

🎄Top crypto platforms | December 2024

Phemex Explore

BYDFi No KYC

Margex Explore

BingX Explore

Сoinex Explore

🎄Top crypto platforms | December 2024

Phemex Explore

BYDFi No KYC

Margex Explore

BingX Explore

Сoinex Explore

🎄Top crypto platforms | December 2024

Phemex

BYDFi

Margex

BingX

Сoinex

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for
informational purposes only and should not be considered financial or
investment advice. BeInCrypto is committed to accurate, unbiased reporting,
but market conditions are subject to change without notice. Always conduct
your own research and consult with a professional before making any financial
decisions. Please note that our Terms and Conditions , Privacy Policy , and
Disclaimers have been updated.

============= Итог: 3,0990 ; Экономика#Финансы#Платежные средства#Платежные системы интернета #Криптовалюта#Cardano


Copyright © 2007-2024 ООО «RelTeam»