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Cryptocurrency News Articles
Cardano (ADA) Surges 40% in a Week, Ascending Channel Breakout Adds Bullish Cues
Nov 25, 2024 at 04:17 pm
Cardano (ADA) has surged over 40% in the past week, gaining momentum amid a broadly bullish cryptocurrency market.
Cryptocurrency market surges with optimism over SEC Chair Gensler’s resignation and a pro-crypto administration following recent U.S. elections.
Cardano (ADA) price soared over 40% in the past week, fueled by these positive developments and breaking out of an ascending channel.
Ascending channel breakout adds bullish cues to ADA's recent rally, with a projected price target of $2.36.
However, caution is advised as the breakout often leads to volatility, and high funding rates could trigger corrections.
Investors should watch for ADA's ability to sustain levels above previous resistance, now turned support, for continued bullish momentum.
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- Capybara Nation: A Decentralized Ecosystem Empowering the Community in the Blockchain Space
- Nov 25, 2024 at 10:50 pm
- Capybara Nation is an emerging decentralized ecosystem focused on creating a community-driven space in the world of blockchain and decentralized technologies. With an emphasis on inclusivity, empowerment, and collective participation, Capybara Nation aims to provide a platform where individuals and businesses can thrive by collaborating and innovating together.
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- CHILLGUY Meme Coin Skyrockets 542,684% to $445M Market Cap, But Can It Avoid a Correction?
- Nov 25, 2024 at 10:31 pm
- The CHILLGUY meme coin, driven by viral social media attention, has skyrocketed to a $445 million market cap. This impressive growth positions CHILLGUY as a leading Solana-based token. But the key question is: will this upward trend persist, or should we expect a correction?
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