THE LATEST CRYPTO NEWS

User Models

Active Filters
# cardano bullish
#cardano #ada #adausdt #cardano news #cardano analysis #cardano price analysis #cardano bullish #cardano resistance

Cardano is gaining bullish traction, pushing above the $0.70 mark as it attempts to reclaim the $0.75 resistance level. With Bitcoin surging toward the $100K barrier and Ethereum breaking out above $1,900, the broader crypto market is heating up—and ADA is beginning to ride that wave of renewed optimism. The return of volatility and bullish momentum has sparked excitement across major altcoins, with Cardano standing out as one of the most promising setups. Related Reading: Bitcoin Shows Impressive 4H Strength – A Shift Toward Upside Break Top analyst Ali Martinez shared a technical analysis highlighting that Cardano looks poised for a potential breakout toward $0.80. According to Martinez, ADA is approaching the upper boundary of its current trading channel, and a decisive move above $0.75 could trigger a sharp rally. With key support holding firm and market sentiment shifting in favor of bulls, the setup suggests ADA may be preparing to enter a new phase of price discovery. As the market recovers from months of uncertainty and selling pressure, investors are closely watching whether Cardano can sustain this momentum. A confirmed breakout above $0.75 would not only validate Martinez’s outlook but also strengthen ADA’s position in the broader altcoin rally now unfolding. Cardano Faces Key Resistance Test As Momentum Builds Cardano is facing a pivotal test as it trades near the upper boundary of a key resistance zone, just as broader market momentum begins to accelerate. Since bottoming out in early April, ADA has surged more than 40%, showing one of the strongest recoveries among major altcoins. This bullish move comes as Bitcoin approaches the $100K mark and Ethereum attempts to break and hold above $2,000, bringing renewed optimism to the crypto space. Despite the strength, Cardano still trades below a critical resistance level defined by the upper boundary of a long-standing descending channel. According to Martinez, a decisive breakout above this trendline could trigger a sharp move toward $0.80. Martinez’s analysis suggests that ADA is coiling with strength and is on the verge of a breakout, but the confirmation must come with a clean close above $0.75. However, the macro backdrop remains a wildcard. Ongoing tensions between the US and China, combined with the US Federal Reserve’s tight monetary policy stance, continue to influence risk asset behavior. As a result, traders remain cautious even as bullish setups appear. For Cardano, the current structure is promising. A confirmed breakout would signal renewed buyer strength and open the path to higher price levels, while failure to clear resistance could result in renewed consolidation. In either case, ADA is approaching a decision point, and the next few trading sessions could set the tone for its short- to mid-term trend. If bulls manage to flip resistance into support, Cardano could quickly accelerate toward the $0.80 target—and potentially higher if momentum across the market continues to build. Related Reading: XRP Bulls Expect A Breakout As Price Compresses Between Key Levels – Details ADA Price Analysis – Key Levels To Reclaim Cardano (ADA) is trading at $0.7232, posting a strong +7.70% daily gain as it pushes toward key resistance levels. The daily chart shows ADA breaking above both the 200-day EMA ($0.7101) and nearing the 200-day SMA ($0.7832), signaling a resurgence in bullish momentum. This move follows a multi-week consolidation period where ADA repeatedly tested lower support around $0.65, forming a stable base. The recent breakout is notable because it comes amid increased volume and broader market strength, with Bitcoin and Ethereum also surging toward key psychological levels. ADA is now approaching the upper boundary of a descending channel that has constrained price action for several months. A decisive daily close above $0.75 would confirm a breakout and open the door to a potential rally toward the $0.80–$1.00 range. However, until ADA clears the $0.78–$0.80 region with conviction, traders should watch for possible rejection and another pullback toward the $0.70 support zone. Still, the structure remains bullish, and current momentum suggests buyers are preparing to retake control. Related Reading: Cardano Struggles At Resistance – Expert Sees A Retest of Lower Support Levels If macro conditions remain stable and altcoin sentiment continues to improve, Cardano may be entering a new phase of upside expansion—one that could finally break its long-term downtrend. Featured image from Dall-E, chart from TradingView

#cardano #ada #adausdt #cardano news #cardano price #cardano (ada) price chart #cardano analysis #cardano bullish #cardano indicator

Cardano is showing signs of resilience after days of consolidation, holding firmly above the crucial $0.70 support level. Despite the broader market facing turbulence from ongoing macroeconomic uncertainty and heightened trade war fears, ADA has managed to maintain stability—offering hope to investors watching for a breakout. While Bitcoin and other altcoins have struggled under selling pressure, Cardano’s current structure could be setting the stage for a strong recovery rally. Related Reading: Investors Withdraw 360,000 Ethereum From Exchanges In Just 48 Hours – Accumulation Trend? Bulls now face the task of reclaiming higher levels to confirm a bullish reversal and capitalize on this window of opportunity. According to top analyst Ali Martinez, Cardano has just flashed a buy signal on the TD Sequential indicator on the 4-hour chart—an early sign that momentum may shift in favor of the bulls. Historically, this technical pattern has been a reliable indicator for short- to mid-term price rebounds, especially during consolidation phases like the one ADA is currently experiencing. If this signal holds and buyers step in with strength, Cardano could soon challenge its next resistance zones and begin a new upward move. With sentiment across the market cautiously optimistic, ADA might be one of the first altcoins to lead the way in a broader recovery. TD Sequential Signal Sparks Hope For Cardano Cardano (ADA) has been standing out as one of the more resilient altcoins during a critical period of heightened selling pressure across the crypto market. While broader macroeconomic conditions—such as trade war fears and policy uncertainty—have pushed equities and crypto into volatile zones, ADA has managed to hold its ground above crucial support levels. This performance has caught the attention of investors and analysts who believe Cardano could lead the next leg up once the market finds its footing. Related Reading: XRP Active Addresses Hit Highest Level Since April 2023 – Will Price Follow? With the market beginning to form local lows and signs of a potential rebound emerging, sentiment is cautiously optimistic. Still, some experts warn that this could be a temporary pause in a larger corrective phase. The lack of clarity around global economic direction continues to cast a shadow over all risk assets, including crypto. For Cardano, however, a new technical development has sparked renewed hope. Martinez’s analysis on X reveals the TD Sequential indicator has just flashed a buy signal on ADA’s 4-hour chart. Historically, this signal is known for predicting potential reversals or short-term trend changes, especially during periods of consolidation. If the pattern plays out, Cardano could be preparing for a breakout move, positioning itself ahead of many other altcoins. A successful rebound would require ADA to reclaim higher resistance levels and confirm bullish momentum. But with a technical buy signal in place and market-wide signs of stabilization, the stage could be set for Cardano to initiate a recovery in the days ahead. ADA Struggles Below $0.73 Cardano (ADA) is currently trading at $0.71 after several days of struggling to reclaim the 200-day exponential moving average (EMA) near $0.73. Despite the resistance, ADA has held firmly above the 200-day simple moving average (MA) around $0.70, a level acting as key demand support in recent sessions. This tight range between the 200-day MA and EMA reflects growing pressure on bulls and bears as ADA approaches a critical decision point. For bulls to regain control and shift momentum in their favor, a decisive push above the $0.85 level is essential. Reclaiming this price zone would confirm a breakout from the current consolidation and potentially trigger a recovery rally toward higher resistance levels. Such a move would signal renewed bullish sentiment and open the door for ADA to revisit early 2024 highs. Related Reading: Ethereum Trades At A Critical Level – Major Reclaim Or Steep Drop Ahead? On the downside, failure to hold the $0.70 level could spell trouble. If ADA drops below this support, a sharp move toward $0.60—or even lower—could follow, especially amid broader market weakness. A break below $0.60 would mark a significant technical breakdown, potentially wiping out recent gains and resetting ADA’s bullish structure. As price action tightens, the next few days will be critical for determining Cardano’s short-term direction. Featured image from Dall-E, chart from TradingView 

#cardano #ada #adausdt #cardano news #cardano price #cardano (ada) technical analysis #cardano price analysis #cardano bullish

Cardano is trading above key demand levels after experiencing a volatile Friday. The market reacted sharply to the news of Bybit’s $1.4 billion hack, causing widespread fear and uncertainty. Prices across the crypto market, including Cardano, dropped from local highs, testing critical support levels. ADA fell over 7% on Friday as panic-driven selling took hold, but the market has since stabilized as Bybit reassured investors with a strong response. Related Reading: Bitcoin Faces Serious Price Compression – What Happened Last Time Despite the short-term volatility, analysts remain optimistic about ADA’s next move. Top analyst Ali Martinez shared a technical analysis on X, revealing that Cardano remains in a consolidation phase and is setting up for a potential 25% price move. Historically, consolidation at key demand levels has led to strong breakouts, and if ADA maintains support above its current range, a bullish move could follow. Investors are closely watching the price action as ADA continues to trade within a tight range. If bullish momentum builds, a breakout could send Cardano toward higher supply zones, confirming a new upward trend. However, if market sentiment weakens, a deeper retrace into lower demand levels may occur. The next few days will be crucial in determining Cardano’s short-term direction. Cardano Holds Key Demand Amid Uncertainty Cardano is holding above key demand levels amid recent uncertainty and fear triggered by Bybit’s hack. The event shook the market, causing a wave of selling pressure that pushed most altcoins, including ADA, into low demand levels. The extreme selling pressure that began in late December remains a concern for investors, as volatility continues to dominate price action. Despite this, ADA has managed to maintain its position above critical support zones, fueling speculation about a possible recovery. Bulls are growing increasingly cautious as ADA struggles to reclaim key supply levels. Many investors remain hopeful that the current consolidation phase will lead to a breakout. Martinez’s analysis on X suggests that Cardano remains in consolidation and could be setting up for a potential 25% price move. Historically, periods of extended consolidation at major support levels have led to explosive rallies, and ADA’s current positioning could indicate a major move is on the horizon. If Cardano successfully reclaims key supply levels and pushes above resistance zones, a massive recovery rally could follow, propelling prices toward multi-month highs. However, losing its current demand zone could trigger a significant correction, further extending ADA’s downward trend. The next few days will be crucial in determining the direction of Cardano’s price action. Related Reading: Cardano Must Hold Critical Support Around $0.67 To Sustain Bull Run – Details ADA Prepares For A Move Cardano (ADA) is trading at $0.76 after failing to reclaim the $0.82 mark for the second time. The price has been struggling to gain momentum, with selling pressure keeping it below key resistance levels. Bulls need to push above $0.82 and hold it as support to establish a foundation for higher prices. If ADA successfully reclaims this level, the next key target is $0.85, which aligns with the 4-hour 200 moving average, a critical indicator for short-term strength and momentum. For ADA to confirm a bullish recovery, buyers must defend the $0.73 level over the coming days. Holding above this level will demonstrate strength and allow the price to build a base for a potential rally. However, if Cardano fails to hold above $0.73, further downside could be expected, with the risk of a drop into lower demand zones. Related Reading: Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore Investors remain cautious as ADA continues to trade within a tight range, and a breakout in either direction could set the stage for the next major move. If bulls manage to reclaim key resistance levels, a strong recovery rally could follow. However, failure to break above resistance could keep ADA trapped in consolidation for an extended period. Featured image from Dall-E, chart from TradingView

#cardano #ada #adausdt #cardano news #cardano price #cardano bull run #cardano bullish #cardano demand #cardano supply

Cardano is trading above key demand levels after a volatile Friday that saw prices react sharply to the Bybit $1.5+ billion hack news. Bybit is a top cryptocurrency exchange. The market-wide panic took prices from local highs to critical demand zones, with Cardano dropping over 7% in less than six hours. Fear spread quickly, driving prices down as investors worried about further downside pressure. However, Bybit’s quick response and assurances have helped restore confidence, preventing a more aggressive selloff. Related Reading: Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore Despite the turbulence, Cardano remains above crucial support, suggesting that bulls are still in control as long as these levels hold. Top analyst Ali Martinez shared a technical analysis on X, revealing that the most critical support zone for Cardano (ADA) is between $0.67 and $0.80. This range serves as a strong demand area where accumulation has historically occurred. Holding this level is crucial for ADA’s short-term outlook, as a breakdown below could trigger further selling pressure. With market sentiment stabilizing and key support levels intact, ADA could be positioned for a rebound. However, bulls need to reclaim lost ground quickly and push back above resistance levels to confirm a stronger recovery. All eyes remain on the broader market reaction following Bybit’s security breach. Cardano Bulls Holding Key Demand Cardano is trading at key demand levels that could serve as a strong base for a recovery rally. Bulls remain cautious as volatility and uncertainty continue to drive most altcoins into lower demand zones. The extreme selling pressure seen across the market since late December has shown no signs of stopping, leaving many investors on edge. Despite this, there is growing optimism that Cardano could soon reverse its bearish trend and begin a strong rally. Technical indicators suggest that ADA is at a critical point, where a sustained hold above key demand levels could set the stage for a significant move upward. Martinez’s technical analysis on X highlights that the most critical support zone for Cardano is between $0.67 and $0.80. This price range has historically served as a strong accumulation zone, and as long as it holds, the broader bull run remains intact. If ADA successfully defends this range, bulls could regain confidence and push the price toward higher resistance levels. A breakout above key supply levels could accelerate buying pressure, triggering a move back toward previous highs. However, if selling pressure intensifies and ADA breaks below support, further downside could follow. Related Reading: On-Chain Metrics Reveal The Most Critical Resistance For Bitcoin – Can BTC Break $97.5K? With market sentiment improving following Bybit’s security breach resolution, investors are watching closely for signs of strength in Cardano’s price action. Those who have been accumulating during this consolidation phase could benefit from an eventual uptrend if bullish momentum returns. Holding above the $0.67–$0.80 zone will be crucial in determining whether ADA can recover and reclaim lost ground in the coming weeks. Price Testing A Critical Level Cardano (ADA) is trading at $0.75 after another failed attempt to reclaim the $0.82 mark, a key resistance level that bulls have struggled to break. The short-term objective for bulls must be to push ADA above this level and hold it as support, signaling a shift in momentum toward the upside. A successful breakout would open the door for a test of the $0.85 level, which is aligned with the 4-hour 200 moving average (MA)—a key indicator of short-term strength. For now, ADA remains in a consolidation phase, and bulls need to maintain control above the $0.73 level in the coming days. Holding this price range would confirm short-term strength and indicate a potential bullish recovery. If ADA fails to stay above $0.73, sellers could regain control and push the price lower, increasing the risk of a deeper correction. Related Reading: Solana Sweeps Lows But Recovers – Can Bulls Reclaim $185 by Friday? Market conditions remain uncertain, but if bulls reclaim $0.82, a strong rally could follow, driving ADA toward higher resistance levels. Investors are watching closely to see if Cardano can establish a higher low and break the bearish trend that has persisted for weeks. Holding key support levels is essential for a sustainable recovery. Featured image from Dall-E, chart from TradingView

#cardano #ada #adausdt #cardano news #cardano (ada) price #cardano analysis #cardano parabolic bull run #cardano bullish #cardano supply

Cardano is trading below the $0.80 mark as it flirts with a potential rebound after weeks of volatility and selling pressure. The broader crypto market is finding strong demand at current levels, and investors are cautiously optimistic about a quick recovery rally into multi-year highs. Despite the bearish sentiment that has gripped the market recently, many believe that Cardano could lead the charge in reversing the downtrend. Related Reading: Ethereum Whales Have Bought Over 600,000 ETH In The Past Week – Time For A Price Upswing? Top analyst Ali Martinez has shared a compelling technical analysis, revealing that Cardano appears to be following a similar pattern to its 2020-2021 price action. Martinez highlights that while the pace is slower this time, the structure mirrors the one that preceded Cardano’s explosive rally during the previous cycle. This historical pattern saw ADA surge significantly, and the current setup suggests that the cryptocurrency might be gearing up for a similar bullish breakout. Cardano sits at a critical juncture as the market awaits confirmation of this potential trend. Investors are closely watching key levels, hoping that the technical signals and historical comparisons hold true. If Cardano repeats its past performance, it could lead to a substantial recovery, bringing optimism back to the market. The coming days will be crucial in determining whether history truly repeats itself for ADA. Cardano Shows Bullish Potential Cardano has faced massive volatility and uncertainty in recent weeks, with the price dropping over 20% in less than a week before recovering more than 25%. Currently, ADA is ranging below key supply levels around $0.82, reflecting the market’s indecision and the ongoing speculation about whether the next move will be a rally or a deeper correction. This consolidation phase has left investors anxious but hopeful for a breakout that could define Cardano’s short-term direction. A compelling technical analysis shared by top analyst Ali Martinez on X has provided a glimmer of optimism for Cardano holders. Martinez points out that Cardano appears to be repeating the same price pattern observed during the 2020–2021 cycle.  While the current pace is slower, the structure mirrors the prelude to ADA’s massive parabolic rally during the previous bull market. If history repeats itself, this setup suggests that Cardano could soon break out of its current range and enter a sustained upward trend. The potential for such a rally hinges on Cardano reclaiming and holding key levels above $0.82 and gaining momentum in a broader market recovery. While the market remains speculative, the parallels with past cycles offer a positive outlook for ADA.  Related Reading: Litecoin Approaches Daily Range Peak – Can LTC Break Multi-Year Highs? Investors are closely monitoring these patterns, looking for confirmation that Cardano is ready to break through its consolidation phase and embark on a significant rally. If the historical pattern holds true, ADA could soon lead the market in a powerful move toward multi-year highs, providing much-needed optimism for both Cardano and the broader crypto ecosystem. ADA Testing A Crucial Resistance Level Cardano (ADA) is currently trading at $0.78, consolidating below the critical $0.82 supply level. This price previously acted as strong support in December but now serves as resistance, keeping ADA below key levels. Bulls need to reclaim this level as support to signal strength and pave the way for a recovery rally. A successful breakout above $0.82 could set ADA on track to target the $0.90 mark, which aligns with the 200-day moving average, a crucial indicator of long-term market trends. Despite the potential for a breakout, ADA faces considerable risks as the market remains filled with uncertainty and volatility. If ADA loses the $0.75 mark, it could signal renewed selling pressure, sending the price into lower demand levels. Such a drop would delay any potential recovery and deepen bearish sentiment around Cardano. Related Reading: Can Bitcoin Hold $97K? – 1-3 Month Holders’ Data Reveals Crucial BTC Demand Investors are closely watching whether ADA can maintain its current range and push above the $0.82 resistance, as this would confirm a shift in momentum. However, market conditions remain speculative, and bulls need to act decisively to prevent further declines. For now, ADA’s price direction hinges on reclaiming the $0.82 level and sustaining momentum in the face of broader market challenges. Featured image from Dall-E, chart from TradingView

#cardano #ada #adausdt #cardano news #cardano (ada) price analysis #cardano (ada) technical analysis #cardano analysis #cardano bullish

Cardano has faced significant volatility and selling pressure, mirroring the struggles of the broader crypto market as it searches for strong support. Since early December, ADA has seen its price plummet by over 61%, with bears dominating the trend and bulls unable to reclaim momentum. Despite the challenging environment, Cardano has shown signs of recovery, experiencing a 15% breakout yesterday that has pushed the price to a critical level. Related Reading: Litecoin Approaches Daily Range Peak – Can LTC Break Multi-Year Highs? This breakout offers a glimmer of hope for investors, but ADA must hold its current level to confirm the possibility of a continuation. The market remains uncertain, and the coming days will be crucial in determining whether Cardano can sustain its recent gains. If momentum persists, analysts believe ADA could rally further, providing some much-needed optimism for holders. Top crypto analyst Ali Martinez weighed in on the situation, sharing a technical analysis that suggests Cardano is breaking out and has the potential for a move toward $0.83. Martinez emphasized that the next key challenge will be maintaining this momentum, as it could signal a reversal in the broader downtrend. For now, investors remain cautiously optimistic, watching closely to see if Cardano can sustain its upward trajectory. Cardano Could Start A Recovery Phase Cardano could be on the verge of a recovery rally as it finds strong demand at its current levels, with bears unable to push the price into lower demand zones. After months of sustained selling pressure, Cardano appears to be showing signs of strength. However, the path to recovery is not straightforward. Bulls must reclaim and hold key levels above the $0.85 mark to confirm the start of a sustained uptrend. Adding to the optimism, top analyst Ali Martinez shared a technical analysis on X that highlights a potential breakout for Cardano. According to Martinez, if current momentum holds, Cardano could make a move toward $0.83 in the coming days. This breakout represents an important opportunity for ADA to shift market sentiment and regain investor confidence. Despite the encouraging signs, the broader market remains shaky, with analysts calling for potential retracements as BTC and altcoins struggle to find direction. The entire crypto space seems to be battling uncertainty, which has weighed heavily on sentiment. However, there is hope that Bitcoin and altcoins, including Cardano, will begin a new recovery rally in the coming days. Related Reading: Can Bitcoin Hold $97K? – 1-3 Month Holders’ Data Reveals Crucial BTC Demand For now, all eyes are on ADA’s ability to maintain its breakout and push through key resistance levels. The next few days will be critical in determining whether this recovery can gain traction or if further consolidation is needed before the next leg up. Investors are cautiously optimistic, waiting for Cardano to confirm its upward momentum and break free from its recent downtrend. Price Testing Crucial Supply  Cardano (ADA) is currently trading at $0.78 after an impressive 15% surge yesterday, signaling a potential shift in momentum. Despite this rally, ADA has faced resistance at the $0.85 level, unable to break through and reclaim critical liquidity levels above the $0.80 mark. The inability to push past this zone has raised questions about whether the recovery rally can sustain its momentum in the coming days. However, there is a silver lining for ADA bulls. The price has managed to climb above the 200-day exponential moving average (EMA), which sits around $0.72. This is a crucial technical indicator that signals long-term strength and provides optimism for a potential continuation of the upward trend. Holding above the 200-day EMA could create a foundation for bulls to regain control and challenge higher levels. Related Reading: Ethereum Holds Multi-Year Bullish Pattern – Expert Suggests The Next Move Will Be ‘The Real Deal’ The next key challenge for ADA is to hold above the current levels and build the momentum necessary to retest the $0.85 resistance. A breakout above this zone would confirm a short-term bullish trend and open the door for further gains. However, failure to hold above the 200-day EMA could invite renewed selling pressure, pushing the price back toward lower support zones. For now, ADA remains in a delicate position, with the next few days likely to define its short-term direction. Featured image from Dall-E, chart from TradingView

#cardano #ada #adausdt #cardano news #cardano (ada) technical analysis #cardano price analysis #cardano bullish #cardano demand

Cardano (ADA) has been trading below the $1 mark for the past few days, fueling uncertainty and speculation among investors. As the broader market experiences shifting sentiment, ADA remains in a tight consolidation phase, leaving traders eager for its next move. Related Reading: Bitcoin Outflows Signal Bullish Strength As Demand Remains High At $100K – What This Means However, market conditions have improved, and bullish sentiment is returning as Bitcoin flirts with a potential rally. With BTC leading the way, analysts believe altcoins like ADA could soon follow, setting the stage for a major breakout. Top crypto analyst Ali Martinez shared a technical analysis on X, revealing that Cardano is consolidating within a symmetrical triangle pattern. This formation typically signals an upcoming breakout, though the direction remains uncertain. If ADA breaks above key resistance, a strong rally could follow. However, failure to hold support could result in further downside movement. As the crypto market turns bullish, all eyes are on ADA’s price action to determine whether it can finally reclaim the $1 level and start a new uptrend. The coming days will be crucial in deciding whether Cardano can break out of its consolidation phase and join the broader market rally. Cardano Consolidates After 25% Drop Cardano (ADA) has been under significant selling pressure since mid-January, experiencing a steep decline of over 25%. Market volatility has kept ADA trading below the $1 mark, a psychological level that has become a key battleground for bulls and bears. However, analysts are now calling for a recovery as altcoins begin to regain strength, signaling a potential turnaround for Cardano. Crypto analyst Ali Martinez shared a technical analysis on X, revealing that Cardano is consolidating within a symmetrical triangle pattern, a formation often preceding a large breakout. According to Martinez, a decisive breakout from this pattern could trigger a 40% price move, bringing renewed momentum to ADA. If Cardano reclaims the $1 level and continues to push higher, buying pressure will increase, potentially driving ADA toward multi-year highs. A successful breakout would confirm strong demand and signal the start of a new bullish phase for the altcoin. Related Reading: Dogecoin Is Setting For A Massive Leg Higher – Analyst Sees Bullish Consolidation Above Key Level With Bitcoin leading the market upward and altcoins showing strength, ADA could be on the verge of a significant rally. The coming days will be crucial as investors watch whether Cardano can break out of consolidation and join the broader market surge. ADA Struggles Below $1 Cardano (ADA) is currently trading at $0.95 after failing to reclaim the $1 mark, a critical resistance level. The price has not closed above $1 since January 21, reinforcing it as a major hurdle for bulls. If ADA is to start a rally, buyers must push the price above $1 and hold it as support. This would confirm a trend shift and potentially trigger a move toward the $1.15 level, which has kept ADA suppressed for weeks. A breakout above this range could pave the way for strong bullish momentum and a rally into multi-month highs. However, risks remain. If ADA fails to hold above $0.90, selling pressure could intensify, leading to a deeper correction and prolonged consolidation before another breakout attempt. Losing this key support level could send ADA back to lower demand zones, delaying any significant upside moves. Related Reading: Solana ‘Still Wants Lower’ As Meme Coins Face A Major Shakeout – Analyst For now, investors are watching closely to see if ADA can reclaim key resistance levels or if another pullback is on the horizon. The next few days will be critical in determining Cardano’s short-term direction. Featured image from Dall-E, chart from TradingView

#cardano #ada #crypto market #ada price #adausdt #cryptocurrency market news #crypto analyst #crypto trader #cardano bullish #crypto bull run 2025 #crypto market correction

In the past day, Cardano (ADA) has seen a 14% retrace amid the crypto market’s pullback. The cryptocurrency recently saw its price lose the $1 mark, descending below $0.90 on Monday morning. Despite the drop, some market watchers shared a positive outlook for ADA, asserting that a rebound to $1.30 could be around the corner. Related Reading: XRP Price To $5.85: Analyst Reveals Why The New Week Will Be ‘Dynamic’ Cardano Holds Key Higher Timeframe Support Cardano, alongside the rest of the market, ended the week with a Sunday bleeding, registering seven consecutive red candles yesterday afternoon. The market pullback continued Monday morning, with Bitcoin (BTC) losing the $100,000 support for the first time in over a week. As the market correction persisted, ADA’s price lost the $0.90 support, hovering between the $0.85-$0.89 range before recovering. Almost two weeks ago, Cardano bounced from the $0.90 support to reclaim the $1 resistance. During this jump, the cryptocurrency surged to its 2025 high but failed to break past the $1.18 resistance level, sending ADA into a downtrend. Since then, the altcoin has failed to turn the $1 resistance into support, hovering between $0.95-$1.02. The recent drop sent Cardano to a two-week low price and back to its end-of-year range of $0.83-$0.95. Nonetheless, the cryptocurrency’s price remains above crucial levels, as some market watchers noted. AMCrypto highlighted that after its 5% recovery from today’s low, ADA was back to its 2-day support level. To the analyst, there is “no need to panic” if Cardano holds the $0.80 support zone. This zone was 2024’s Q1 high, and it has served as a key higher timeframe level, fueling the altcoin’s rally once it has been turned into support in 2021 and late 2024. AMCrypto noted that “For alts to retest major support levels during a bull run is a good sign.” ADA To Reclaim $1 Soon? Other analysts shared similar predictions, suggesting that Cardano’s run would be determined by its next price move. Carl Runefelt stated that “despite the market correction, ADA is still holding on to this massive bullish pennant.” The analyst pointed out that ADA’s chart displays a 2-month bullish formation that targets $1.9 if it breaks out. However, he noted that the first target is the local top of $1.30. Runefelt explained that “if the support holds, we could see a bullish breakout at some point.” Meanwhile, ADA trader Sebastian considers that Cardano needs to close the day above $0.95. He stated it “would be amazing for ADA if this last daily candle turns green” and closes within the symmetrical triangle. Related Reading: Ready To Rocket? Dogecoin Chart Hints At Major Gains Ahead Previously, Sebastian noted that ADA’s “painful consolidation might soon be over,” as the cryptocurrency was “running out of space within this symmetrical triangle and might break out soon.” To the trader, If Cardano gets “back in the chart,” then the recent breakdown will “be busted and will likely result in a pump to the upside.” As of this writing, ADA is trading at $0.90, an 8% decline in the last 24 hours. Featured Image from Unsplash.com, Chart from TradingView.com

#cardano #ada #adausdt #cardano news #cardano price #cardano (ada) price analysis #cardano (ada) technical analysis #cardano analysis #cardano bullish

Cardano (ADA) has faced significant volatility and selling pressure over the past week, with the price struggling to reclaim the crucial $1 mark since last Wednesday. This prolonged dip below a key psychological level has left analysts and investors divided as uncertainty continues to dominate the broader crypto market. While some see signs of potential recovery, others remain cautious about the short-term outlook. Related Reading: XRP Forms A Bullish Pattern In 4-Hour Chart – Analyst Expects $4.20 After Breakout Renowned crypto analyst Ali Martinez has provided some clarity by sharing a detailed technical analysis. According to Martinez, Cardano is forming a symmetrical triangle pattern, a structure often associated with impending volatility and significant price movements. The outcome of this pattern could determine Cardano’s next major trend, whether bullish or bearish. As the market sentiment remains fragile, ADA’s ability to break out of this consolidation phase will likely set the tone for its performance in the coming days. A decisive move could either spark renewed optimism among investors or reinforce concerns about further downside.  Cardano approaches a critical juncture, with traders and investors eagerly awaiting confirmation of its next move. The resolution of this symmetrical triangle could prove pivotal for ADA’s trajectory in the volatile crypto landscape. Cardano Prepares For A Big Move Cardano (ADA) has been heavily influenced by market volatility as the broader crypto market remains in a consolidation phase since late December. This prolonged period of sideways movement has kept traders and investors on edge, with many anticipating a significant breakout. However, the question remains: will Cardano’s next move be bullish or bearish? Renowned crypto analyst Ali Martinez has provided insights into Cardano’s current setup, sharing a detailed technical analysis on X. According to Martinez, ADA is currently forming a symmetrical triangle pattern, a classic chart structure that often precedes a major price move. The setup suggests that once the pattern resolves, Cardano could experience a 40% price swing in either direction. If ADA breaks out to the upside and confirms the move with strong volume, it could trigger a massive rally, potentially taking the price toward new short-term highs. Such a move would likely reinvigorate market sentiment and attract fresh buying interest. On the other hand, if Cardano fails to hold critical demand levels, a breakdown could result in a significant decline, leading to extended bearish pressure. Related Reading: Hedera Successfully Retests Key Demand Level – Expert Says The Next Stop Could Be $0.52 The coming days will be crucial for Cardano as it tests these critical levels. Traders are closely watching for confirmation of the breakout direction, as the outcome could set the stage for ADA’s trajectory in the weeks ahead. Whether the symmetrical triangle leads to a bullish rally or a bearish correction, the resolution of this consolidation phase will undoubtedly have a major impact on Cardano’s future performance in the crypto market. Price Struggles Below $1 Cardano (ADA) is currently trading at $0.98, struggling to regain momentum after several days of being unable to break back above the crucial $1 mark. This psychological level has proven to be a significant barrier, and reclaiming it as support is essential for bulls to regain control of the price action. For ADA to shift into a more bullish trajectory, it needs to break above $1 and hold it firmly as support. Such a move would signal renewed buying interest and could set the stage for further upward momentum. In the short term, the next target for ADA would be the $1.05 level. A breakout above this resistance could trigger a significant rally, potentially reigniting optimism among investors. However, the downside risks remain. If ADA loses the $0.95 support level, it could face a deeper correction phase, as this would signal increased selling pressure. Such a move might lead to further bearish sentiment, challenging the broader market’s stability. Related Reading: Chainlink Is In The Middle Of A Bullish Breakout – Analyst Sets $50 Target The next few days will be pivotal for Cardano’s price action. Traders and investors will be closely monitoring whether ADA can reclaim the $1 mark and pave the way for a potential breakout or if further consolidation and corrections lie ahead. Featured image from Dall-E, chart from TradingView

#cardano #ada #adausdt #cardano news #cardano price #ada cardano #cardano price analysis #cardano whales #cardano bullish

Cardano (ADA) has been through a rollercoaster of volatility, with the price experiencing significant ups and downs over recent weeks. After hitting a local top of $1.32, ADA retraced over 30%, dropping to $0.91 before returning to a critical support level. This price action has left investors speculating whether the current recovery marks the start of a new bullish phase or simply a temporary pause before further downside. Related Reading: Solana Monthly Chart ‘Looks Ready For A Monster Run’ – Details Top analyst Ali Martinez recently shared key insights on X, leveraging Santiment metrics to shed light on whale activity driving Cardano’s market movements. According to Martinez, large ADA holders began taking profits as the price rallied from $1.15 to $1.33. However, the story shifted dramatically as ADA dropped below $1, with whales accumulating again at the $0.91, signaling renewed confidence in the token’s potential. With whale activity and market dynamics heating up, Cardano has returned to a pivotal price range that could define its trajectory in the coming weeks. Investors are now closely watching whether this accumulation phase will fuel a sustainable rally or if further consolidation lies ahead for ADA. One thing is certain—Cardano remains a token to watch as volatility continues to shape its price action. Data Reveals Cardano Whales Behavior The past few weeks have been highly volatile for Cardano (ADA), reflecting the broader market’s unpredictable movements and the strategic plays of smart money. ADA has become a focal point for large investors making calculated moves as the market evolves. Top analyst Ali Martinez recently highlighted data from Santiment that underscores the pivotal role of whale activity in shaping ADA’s price action. Martinez revealed that Cardano whales began offloading their holdings as the price rallied from $1.15 to $1.33, locking in significant profits. However, as the price dropped sharply to $0.91, these same whales re-entered the market, purchasing an impressive 160 million ADA during the dip. This buying spree has sparked optimism, suggesting that smart money views Cardano as bullish over the coming months. Such activity often indicates confidence in the asset’s potential to rebound and possibly outperform. However, it’s crucial to consider an alternative perspective. This accumulation phase might also serve as a short-term liquidity strategy designed to attract retail investors into ADA, potentially setting the stage for another wave of profit-taking by larger holders. Related Reading: Ethereum Whales Load Up: Bullish Sign Or Bear Trap? As ADA hovers near critical levels, its next moves will likely depend on how these dynamics unfold. Whether this is a prelude to a sustained rally or a tactical maneuver by smart money, Cardano remains a key asset to watch in the weeks ahead. Price Holding Above $1 Cardano (ADA) is trading at $1.04, marking a swift recovery after spending only a few days below the critical $1 mark last week. This rebound showcases strong buying interest around the $1 level, which has historically acted as a psychological and technical support zone. If ADA manages to sustain its position above $1 in the coming days, the next target lies around $1.20—a price level that previously triggered significant selling pressure. Reclaiming this level would confirm bullish momentum and signal buyers are ready to challenge higher resistance zones. For ADA bulls to maintain momentum and drive the price higher, breaking and consolidating above the $1.20 mark is crucial. This would demonstrate the market’s strength and potentially pave the way for a broader rally. However, failing to claim $1.20 could result in another period of consolidation or even a pullback, as sellers may step in to defend this resistance level. Related Reading: Bitcoin Breaks ATH Pushing Back Into Price Discovery – BTC To $130K? With recent whale accumulation adding bullish sentiment, ADA’s ability to hold above $1 and target $1.20 will likely define its short-term trajectory. Traders will closely monitor these levels to gauge whether Cardano can sustain its recovery and regain upward momentum. Featured image from Dall-E, chart from TradingView

#cardano #adausdt #cardano news #cardano price #cardano (ada) price #cardano (ada) price analysis #cardano bullish #cardano technical analysis #cardano break

Cardano (ADA) faced a 23% retrace from its local highs yesterday, following a volatile day that saw many altcoins lose ground. Despite the correction, ADA has been one of the top-performing altcoins since November 5, showcasing its resilience amid market fluctuations. Investors remain optimistic that Cardano will continue outperforming as the broader crypto market gains momentum. Related Reading: PEPE Whales Increased Their Holdings By $1.4 Billion Yesterday – Details Top analyst Ali Martinez shared a technical analysis on X, highlighting striking similarities between ADA’s current price chart and its 2020 performance—a year marked a bullish phase for altcoins. According to Martinez, this resemblance suggests Cardano might be gearing up for another significant rally. However, the next few weeks will be critical for confirming this trajectory, particularly as Bitcoin continues to drive the market with its strong upward momentum. The interplay between Bitcoin’s performance and altcoin activity will be pivotal in shaping ADA’s price action. If Bitcoin sustains its bullish cycle, altcoins like Cardano will likely “wake up” and follow suit. For ADA, holding above key support levels and breaking back toward its recent highs will be essential to sustain investor confidence and set the stage for a potential breakout as the market evolves. Cardano Rally Could Continue Cardano has delivered an extraordinary performance since November 5, surging over 300% in under a month. This impressive rally has captured the attention of investors and analysts, making ADA one of the standout performers in the altcoin market. However, the recent sharp drop has sparked concerns about the potential for a deeper correction, leaving many investors on edge. Analyst and investor Ali Martinez recently shared an optimistic perspective on ADA’s trajectory via X. According to Martinez, Cardano’s current price action mirrors its behavior during 2020, preceding a massive bull run.  Martinez acknowledges the possibility of a dip to $0.76 but views it as a buying opportunity, underscoring his confidence by stating his plans to book profits between $4 and $6. His analysis suggests that the current pullback is a natural part of ADA’s larger bullish cycle rather than a signal of weakness. Related Reading: Dogecoin Pressing Range Highs – Can Bulls Push DOGE To ATH? Despite the recent retrace, key metrics and positive market sentiment support the case for ADA’s upward trajectory. Cardano’s robust performance over the past month highlights its resilience, and many investors remain optimistic about its long-term potential. As the crypto market evolves, ADA’s ability to hold key support levels and regain momentum will be critical in determining its next move. Price Holding Above Key Level Cardano (ADA) is trading at $1.01 after experiencing a sharp 20% dip yesterday. Despite this significant pullback, ADA has demonstrated resilience, holding firm above the critical support level of $0.87. This level has proven to be a strong foundation for ADA’s price action, suggesting that the asset remains well-positioned for further upward momentum. For ADA to continue its bullish trajectory, it must maintain its position above $0.90 in the coming days, solidifying investor confidence. However, the next critical milestone lies at the $1.25 resistance level. Breaking above this threshold will be crucial for ADA, as it would signal renewed buying interest and a potential continuation of its rally. Related Reading: Dogecoin Sees Quiet Breakout As Data Signals Rally Continuation Should ADA successfully hold above $0.90 and breach the $1.25 mark, the stage will be set for a massive continuation in its price. Such a move could attract more investors and further solidify ADA’s position as a top-performing altcoin. With the broader crypto market showing signs of strength, the coming weeks will be pivotal for ADA as it attempts to recover from recent volatility and push toward new highs. Featured image from Dall-E, chart from TradingView

#cardano #ada #adausdt #cardano news #cardano price #cardano (ada) price analysis #cardano (ada) technical analysis #cardano whales #cardano bullish #cardano break

Cardano (ADA) has demonstrated impressive resilience, holding firmly above the critical $1.15 level since Monday despite an aggressive market shakeout triggered by Bitcoin’s volatility. While many cryptocurrencies struggled under selling pressure, ADA’s ability to maintain this support showcases its strength amid uncertain market conditions. Top analyst Ali Martinez highlighted bullish signs for Cardano, sharing data that points to a significant increase in whale activity. This uptick in large transactions indicates growing interest from institutional investors and high-net-worth individuals, often a precursor to substantial price movements. Related Reading: Don’t Fade Dogecoin! – Analyst Says DOGE Is About To Rally As Bitcoin’s shakeout ripples across the market, ADA’s stability above $1.15 becomes a focal point for traders and investors. If Cardano can sustain this level, it could pave the way for a bullish continuation, potentially targeting new highs. Conversely, losing this support would signal increased downside risk and likely lead to a broader consolidation phase. With ADA showing relative strength against broader market turbulence, all eyes are on its next move. Will increased whale activity and bullish sentiment drive Cardano to new heights, or will market uncertainty prevail? The coming days will be crucial in determining ADA’s direction and potential to outperform in a challenging market environment. Big Players Keep Buying Cardano  Cardano has consistently set new highs and retraced to hold previous highs as support. This bullish behavior signals strong market confidence in ADA’s potential to deliver significant gains in the current cycle. Whale activity has been a key driver of this momentum, with large-scale holders of ADA significantly increasing their positions. Analyst Ali Martinez shared data on X revealing that Cardano whales have accumulated over 100 million ADA in the last 24 hours alone, valued at approximately $115 million. This surge in accumulation is a highly bullish indicator, suggesting that influential investors are positioning themselves for further upside. This activity coincides with increasing chatter about the arrival of an “alt-season,” a period when altcoins typically outperform Bitcoin and experience massive price rallies. Cardano’s solid fundamentals and growing network activity position it as a prime candidate for significant gains in such a market environment. Related Reading: SUI About To Break ATH Again – Can Bulls Target $4.20 This Week? The combination of whale accumulation, robust price action, and broader market trends indicates that ADA is ready to capitalize on the potential for massive gains this cycle. Cardano appears well-prepared to stand out as the market looks to altcoins for the next big moves. Whether it can sustain this momentum will be a critical question in the coming weeks. Price Holding Above Key Level  Cardano (ADA) is trading at $1.16 following a 15% pullback from its recent local highs of $1.32. Despite this decline, the price remains above a crucial support level at $1.15, which could determine its next move. Holding above this level is essential for ADA to maintain its bullish momentum and signal the possibility of a renewed rally. If ADA sustains support at $1.15 in the coming days, a push toward higher supply zones is expected, potentially targeting a retest of the $1.32 level and beyond. This level has become a key battleground for bulls aiming to regain control and drive higher prices. Such a move would confirm the pullback was a healthy retracement within an ongoing uptrend. Related Reading: Dogecoin Is ‘Ready To Run Again’ – Analyst Expects 60% Rally However, failing to hold the $1.15 support could signal weakness and extend ADA’s current consolidation phase. This scenario might see the price oscillating in a range, delaying any significant upward movement. Traders and investors closely monitor this level as the broader market dynamics remain uncertain. ADA’s ability to stay above $1.15 will likely shape its short-term trajectory, making this a pivotal moment for the altcoin’s price action. Featured image from Dall-E, chart from TradingView

#bitcoin #cardano #ada #crypto market #adausdt #cryptocurrency market news #crypto analyst #crypto trader #cardano (ada) price #cardano bullish #crypto bull run 2024

Cardano (ADA) has had one of the best performances over the last three weeks, surging over 200% toward a 2.5-year high. Today, the cryptocurrency rose over 20% to break above the $0.90 mark, fueling a bullish sentiment for the long-awaited $1 target. Related Reading: Ethereum Attempts Key Breakout: Analysts Set Next Target As ETH Reclaims $3,200 Cardano Makes New Year-High Above $0.90 On Friday, Cardano broke past the $0.81 resistance and skyrocketed toward the $0.90 mark, making a new year-high of $0.97. This performance represents a 22% surge in the last 24 hours, driving the token to its highest price since late April 2022. Cardano peaked above the $3.10 mark three years ago but lost its bullish momentum as the crypto market struggled, hitting its lowest price of $0.22 in June 2023. Since dropping 92% below its all-time high (ATH), ADA has been heavily criticized for underperforming the rest of the market. Nonetheless, the cryptocurrency recovered during Q1 2024 highs, reaching the $0.81 mark before losing 66% of its gains in the next few months. The recent market rally has seen ADA outperform most altcoins in the last three weeks, renewing interest in the cryptocurrency. According to CoinGlass’ data, Cardano’s open interest (OI) surged by 28.25% in the past 24 hours, hitting $855.5 million today. Additionally, it has jumped over 11% in the past four hours, suggesting increased activity and confidence among crypto traders. ADA To Hit $1 Soon? Cardano investors and crypto analysts have recently expressed their bullishness over ADA’s “fire” performance. Crypto analyst Ali Martinez noted that Cardano has surged over 200% this month, fueled by whales and institutional investors. Per the post, the volume of large ADA transactions on the network had increased by over 297% since the US election, reaching $22 billion on November 19. Martinez signaled that these large transactions are related to high accumulation levels, as whales holding $1 million to $10 million in ADA increased their positions by over 100% in the last 30 days. He also highlighted that ADA seems to be mirroring its 2020-2021 price action. As reported by NewsBTC, the analyst has suggested the cryptocurrency is set to experience a 2,000% run toward the $6 mark if it continues to follow its past behavior. Related Reading: Crypto Community’s Revenge: Solana Memecoin Rug-Pulled By Gen Z Trader Hits $80 Million Market Cap As the price soared past $0.90, Martinez pointed out that the $0.80 resistance, where 48,000 addresses had bought 1.2 billion ADA, was a “key area of support to watch for the bullish thesis to hold.” Analyst Sebastian highlighted that, after the $0.80 resistance, “there isn’t much resistance until $1.2.” As such, ADA could potentially see “an explosion from here” and target the long-awaited $1 mark over the weekend. As of this writing, ADA is trading at $0.97, a 46% increase in the last seven days. Featured Image from Unsplash.com, Chart from TradingView.com

#cardano #ada #adausdt #cardano news #cardano (ada) price #cardano (ada) price analysis #cardano ada #cardano analysis #cardano bullish

Cardano (ADA) has made a significant move, breaking above the long-standing $0.40 resistance and reaching a key supply level at $0.45 after an impressive 42% surge over the past few days. This breakout is sparking fresh optimism among investors who have been waiting for ADA to demonstrate sustained strength.  According to recent data from Coinglass, ADA’s funding rate has risen to levels not seen since June, indicating strong demand and suggesting that this rally could only be the beginning of a larger trend. Related Reading: Ethereum Analyst Sees Altseason Potential As BTS Is Still Outpacing ETH – Time To Buy Altcoins? This rising funding rate points to increased leverage in the market as traders grow more bullish on ADA’s potential for further gains. If ADA holds above the $0.40 mark, it could establish a new support level, reinforcing its recent uptrend and opening the door for even higher targets. However, the next few days will be crucial as the crypto market continues to rise, with key resistance and support levels in play. As traders closely watch ADA’s price action, it remains to be seen if this surge can sustain the momentum and push Cardano toward new highs. Cardano Is Starting To Rise Cardano has staged a powerful rally after months of selling pressure, marking its first major bullish move recently. With a push above crucial resistance levels, ADA has not only shaken off its downward trend but has also set up a new bullish price structure. Recent data from Coinglass underscores this bullish sentiment, showing that the open interest (OI)-weighted funding rate for ADA has reached its highest level since June. This surge in funding rates is a strong indicator of increased optimism among investors, as traders are willing to pay a premium for long positions, betting on Cardano’s continued rise. The positive funding rate implies that ADA demand is on the rise, with market participants eager to enter bullish trades. This breakout above key levels is attracting substantial interest from both retail and institutional investors, who are now positioning themselves for potential further upside. Many analysts suggest that this pump could serve as the catalyst for a more extended bullish continuation if Cardano can maintain its momentum. While ADA will need to establish new support at its breakout levels to confirm this trend shift, the recent uptrend signals renewed confidence in Cardano’s long-term potential. Related Reading: Bitcoin ETFs See Historic Surge – Institutions Go Bullish On BTC With $1.38 Billion Record Inflows As ADA continues to push upward, traders are now watching closely for a consolidation phase, which could provide the fuel needed for the next leg of this rally. If support holds around these levels, Cardano could be on the brink of a broader uptrend, making it a key altcoin to watch as the market recovers and interest in high-potential assets resurges. ADA Price Action: Key Levels To Watch Cardano (ADA) is currently trading at $0.43, following a strong surge that took it above the 200-day moving average (MA) at $0.39—a crucial level indicating long-term strength and trend reversal. This move above the 200-day MA suggests that bulls are in control, setting the stage for potential further gains. To sustain this momentum, it’s essential for ADA to hold above this moving average as support, reinforcing the bullish outlook. The recent price action remains very positive, with ADA consistently pushing to challenge new supply levels. The next key target is $0.458, a resistance level that, if broken, could open the door to even higher price marks. However, a brief retracement to lower demand levels around $0.415 would be a constructive move, allowing ADA to build a solid foundation before another potential rally. Related Reading: Solana Breaks Above Key Resistance – Top Analyst Sets $300 Target This controlled pullback could attract fresh buying interest and provide the necessary fuel for ADA to move further upward. Overall, with price action aligning with key technical indicators, ADA’s recent surge above the 200-day MA highlights a promising shift for the asset, with further bullish developments likely if critical support levels hold firm. Featured image from Dall-E, chart from TradingView

#cardano #dogecoin #doge #ada #santiment #dogeusd #dogecoin bullish #cardano bullish #cardano mvrv ratio #dogecoin mvrv ratio

The on-chain analytics firm Santiment has revealed that Dogecoin and Cardano are two assets that look “very bullish” according to this metric. Dogecoin & Cardano Currently Have Low 30-Day MVRV Ratios In a new post on X, Santiment has discussed about how some of the top assets in the cryptocurrency sector are looking like right now in terms of the Market Value to Realized Value (MVRV) Ratio. The MVRV Ratio is a popular on-chain indicator that keeps track of the ratio between the market cap and realized cap for any given coin. The market cap here naturally refers to the simple total valuation of the asset’s supply at the current price. The realized cap is also a method of calculating the valuation of the cryptocurrency, but the twist here is that this model doesn’t take the value of all tokens in circulation the same as the spot price. Rather, this model assumes that the “real” value of any coin is the same as the price at which it was last transferred on the blockchain. Related Reading: Hard To Be “Too Scared Of Bitcoin Price Action,” Says Analyst. Here’s Why Generally, the last transaction can be assumed to be the last point at which the coin changed hands, so the price at its time could be considered to be its current cost basis. As such, the realized cap basically calculates the sum of the cost basis of every coin in circulation. One way to view the model, therefore, is as a measure of the total amount of capital that the investors have used to purchase the total Bitcoin supply in circulation. Since the MVRV ratio compares the market cap, which represents the value that the investors are holding right now, against this initial investment, its value can tell us about the profit-loss status of the market as a whole. Now, here is the chart shared by the analytics firm that reveals the recent trend in the 30-day MVRV ratio of six top coins: Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Dogecoin (DOGE), Toncoin (TON), and Cardano (ADA). The 30-day MVRV Ratio only includes the data for the investors who bought their coins within the past month. Thus, its value reflects the profit-loss balance of these new buyers. From the graph, it’s visible that the indicator is at negative levels for all of these assets right now, implying that the 30-day investors would be at a loss. This may not actually be bad, though, as Santiment notes, “the lower a cryptocurrency’s 30-day MVRV is, the higher the likelihood we see a short-term bounce.” At present, Bitcoin, Ethereum, and XRP are seeing small negative values, suggesting that these assets may be slightly undervalued. The metric stands at just -0.6% for Toncoin, though, implying that TON is more or less neutral currently. Related Reading: XRP, Dogecoin, & Shiba Inu All See Negative Sentiment: Signal To Buy? Dogecoin and Cardano, on the other hand, stand out with their 30-day MVRV Ratios of -16.7% and -12.6%, respectively. These values are deep enough that Santiment has labelled these coins as “very bullish.” It now remains to be seen how DOGE and ADA develop in the coming days, given this potential positive signal in the MVRV Ratio. DOGE Price Dogecoin has been riding on bearish momentum over the last couple of weeks as its price has now dropped to $0.125. Featured image from Dall-E, Santiment.net, chart from TradingView.com