Ada de Cardano
The token has climbed 3% in the last 24 hours, trading nearly $ 0.6,460 at noon on Monday after reaching a summit of $ 0,6502. Price advance has coincided with an important new step which strengthens the long -term strength of the network.
According to an X Post of Taptools, Cardano has now exceeded 1.3 million addresses of appearance, cementing its status as one of the most jacked blockchains in the world. This comes in the middle of continuous development within the ecosystem and follows the founder Charles Hoskinson’s founder to allocate $ 100 million in Treasury Ada to Bitcoin and Stablecoins to improve the liquidity of deviation.
Despite recent whale outings – more than 270 million ADAs during last week – the feeling of the market has remained constructive. The ADA has maintained its upward trajectory throughout the analysis period, reflecting stable interests of the buyer. The token continues to negotiate just below its daily peak and shows signs of accumulation near the top of its current range.
Strengths of technical analysis
- ADA exchanged between $ 0.6219 and $ 0,6502 during the analysis period, marking an intraday range of 4.55%.
- The price exceeded the resistance of $ 0.635 and the support established at $ 0.637, then reaffirmed at $ 0.648.
- Higher hollows and a regularly increasing volume confirmed a bullish continuation model.
- At 07: 15-07: 16 GMT, ADA jumped almost 0.4% over a volume greater than 5.3 million units – the most active minute of the period observed.
- Towards the end of the analysis window, ADA went from $ 0.646 to $ 0.649 before briefly consolidating around $ 0.646.
- The last time candle in this period closed with a gain of 0.5%, preserving the upward trend structure.
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