Cardano has declined to $0.85 as its correlation with Bitcoin weakened to 0.51. This decoupling from Bitcoin’s price movements marks a shift from ADA’s traditional pattern of mirroring the leading cryptocurrency’s performance. The reduced correlation occurs as Bitcoin struggles below $115,000, creating conditions where ADA might trade independently of broader
Cardano has approached a critical resistance level at $1.247 that could determine whether the cryptocurrency enters its next bull market phase according to analyst Dan Gambardello. ADA rallied 20% last week following a previous week’s 10% gain, creating a two-week surge of 30% that briefly pushed it past Tron in
Analyst Christopher Visser has identified what he calls a critical breakout opportunity for Cardano, projecting ADA could reach $3.91 if current technical patterns hold. The cryptocurrency trades at $0.8526 following a 9% daily gain and 18% weekly rally, positioning itself near key resistance levels that have contained price action since
Cardano (ADA) has made an impressive rally, breaking through key resistance levels and hitting its highest price point in five months. As per CMC data, the altcoin is trading around $0.9973, which is a major breakout of a long period of consolidation that has characterised its price action in most
Cardano analyst Dan Gambardello has consulted Zero AI to develop an exit strategy for the current bull cycle, targeting $7.50 as the optimal profit-taking level for ADA holders. The AI tool analyzed historical cycle patterns and market dynamics to determine realistic price targets and timing windows for Cardano’s anticipated rally.
Cardano’s ADA is showing signs of life, trading at $0.80, but it’s too early to call it a full comeback. After a steady climb from a recent low, the coin is now cooling off a bit, and the next few days will show if it can keep pushing up or
Cardano has escaped a multi-week falling wedge pattern that had restricted price movement, suggesting potential upward direction shift according to analyst My Crypto Paradise. The breakout occurs as ADA trades at $0.8021, posting a 7.9% daily gain and extending weekly increases to 11% with monthly growth reaching 34.6%. The falling
Cardano’s price fell 2.35% to $0.72 today, as the crypto market stumbled. But some analysts remain excited about its future. Analyst predicts Cardano could hit $1.35 soon and even reach $5 in a strong bull market. Despite the drop, they see a bullish pattern forming that hints at a big
Cardano has achieved a major development milestone with over 300,000 smart contracts now active on its mainnet, according to data from blockchain analytics platform Alethea. Less than four years have passed since the Plutus programming language’s Alonzo hard fork gave the network smart contract capabilities. The news was brought to
Cardano founder Charles Hoskinson has projected that ADA could outperform Bitcoin through gains ranging from 100x to 1,000x, positioning the blockchain platform for extraordinary price appreciation. The ambitious forecast comes as ADA trades at $0.7804 following recent market volatility triggered by Federal Reserve interest rate decisions. The cryptocurrency recently dipped
