Cardano May Be At A Prime Buying Point, Analyst Says
Reports say Cardano’s price has slid low enough that a fresh wave of buyers is talking about picking up ADA on weakness. Crypto Jebb, a YouTuber with a big following, argues current levels create an attractive “buy the dip” opportunity because the downside looks smaller than the upside from here. Related Reading: After Predicting XRP’s Drop, Analyst Says The Bottom May Be In He notes ADA sits more than 90% below its all-time high and roughly 77% under its December 2024 level near $1.32. That gap, he says, changes how risk looks for someone adding to a long-term position. Market....
Related News
Based on chart indicators, the Cardano price has just broken through a key resistance, sparking the promise of a potential uptrend. While the cryptocurrency is gearing up for a possible bullish rally, a crypto analyst has also shared the downside risks Cardano could experience if it fails to hold crucial support levels. Cardano Price Breaks Falling Wedge Resistance, Signals Uptrend The Cardano price appears to be on a significantly bullish trajectory, as a crypto analyst on TradingView identified as ‘MyCryptoParadise’ has shared an in-depth analysis of its recent price movements.....
Cardano is recently witnessing more activities from top whales. The whales have pushed their total Cardano holdings close to 3 billion ADA. According to a crypto analyst @ali_charts, Cardano whale addresses holding between 100 million and 1 billion ADA tokens have been on a huge accumulation campaign. But ADA price is yet to reclaim its hold on the $0.40 it lost last week. Cardano Whales On Buying Spree The crypto analyst noted the top Cardano whales had amassed about 560 million ADA tokens over the past two weeks. He made the report based on data from an IntoTheBlock chart. At the time of....
Cardano (ADA) appears to be regaining bullish momentum after experiencing a sharp correction from recent highs. According to a recent analysis by a TradingView analyst, ADA may be getting ready for another major rally, with potential price targets pointing toward the $1 mark and beyond. Analyst Sees Cardano Breaking Past The $1 Target On May […]
Former Goldman Sachs analyst, Murad Mahmudov has unexpectedly criticized two prominent cryptocurrencies, Cardano (ADA) and XRP. The analyst has labeled both altcoins as cult meme coins, sparking heated debate within the crypto community. Analyst Claims XRP And Cardano Are Cult Meme Coins In an X (formerly Twitter) post on June 4, Mahmudov declared that XRP […]
Crypto analyst Ben Armstrong, popularly known as ‘Bitboy Crypto’ has ignited controversy by declaring Cardano (ADA)and Polkadot (DOT), “dead to institutions.” His brash statement has drawn substantial backlash from the crypto community, with many members vehemently opposing his criticizing remarks. Analyst Calls Cardano, Polkadot Dead In an X (formerly Twitter) post on July 3, Armstrong […]