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Cryptocurrency News Articles
Cardano (ADA) hasn't exactly been exploding lately... not gonna lie.
Mar 26, 2025 at 10:02 am
The bullish energy? It's been kind of muted. But even so, the altcoin is quietly keeping itself in a micro-uptrend—just inching along—thanks to some diamond-handed holders who aren't letting go.
Cardano (ADA) has not exactly been ‘exploding’ lately. The bullish energy has been kind of muted, even with the altcoin quietly keeping itself in a micro-uptrend, inching higher thanks to some diamond-handed holders who aren't letting go.
However, those strong hands might just be what ADA needs to finally push higher, maybe even touch the $0.85 level.
Whales are making moves again, with those big-money addresses holding between 100M and 1B ADA accumulating more coins, adding about 240 million ADA in just a week. That's roughly $175 million if we're doing the math.
And why would they buy so much at these prices if they weren't seeing something on the horizon? This kind of activity screams one thing- they're gearing up for a rebound. They're not waiting for confirmation, they're betting early.
Another good sign? The Mean Coin Age has been steadily climbing, which means that coins are sitting still in wallets for longer periods of time.
This indicates that long-term holders are not selling, or at least, not the original generations of holders. They're calmly seeing this chop through, clearly unfazed by the current market gloom.
That kind of confidence is not something you see every day, and when the people who have been around the longest aren't panicking, then usually something is up.
Even with a little 6% pump over the past 24 hours, ADA is still banging its head against that $0.77 resistance, which it has been struggling to break for some time now.
If Cardano manages to crack that $0.77 wall, then the next stop could be around $0.85, and from there, things could finally start looking like a real recovery.
But if it can't break above that level, then we're probably going to be stuck seeing hovers above $0.70 for a while longer, or worse, a dip to $0.62 could drag this sideways slog out even more.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Binance is advising multiple governments on developing regulatory frameworks for digital assets and establishing national strategic bitcoin reserves
- Apr 18, 2025 at 01:50 pm
- Richard Teng, the CEO of Binance, has disclosed that the exchange has been approached by “quite a lot” of countries seeking assistance with formulating their crypto regulations.
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- Curve DAO (CRV) Price Prediction: CRV Could Reach $7 by 2030
- Apr 18, 2025 at 01:45 pm
- output:target: [{"date": "2025-12-31", "open": "1.92", "high": "1.92", "low": "0.81", "close": "1.36"}, {"date": "2026-12-31", "open": "1.06", "high": "2.59", "low": "1.06", "close": "1.82"}, {"date": "2027-12-31", "open": "1.45", "high": "3.36", "low": "1.45", "close": "2.40"}, {"date": "2028-12-31", "open": "1.99", "high": "4.11", "low": "1.99", "close": "3.05"}, {"date": "2029-12-31", "open": "2.58", "high": "5.36", "low": "2.58", "close": "3.97"}, {"date": "2030-12-31", "open": "3.37", "high": "7.08", "low": "3.37", "close": "5.22"}]
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