![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cardano (CRYPTO: ADA) was trading lower Monday evening, reflecting profit-taking by short-term traders.
The cryptocurrency was priced at $0.9726, retreating from its weekly high of $1.10 after opening the day at $1.05.
While Bitcoin (CRYPTO: BTC) soared over $100,000 amid broader market volatility, ADA faced consolidation pressures.
Cardano (ADA) Drops Below $1 as Traders Take Profits
Cardano’s price dropped to $0.9726, falling below the critical $1 threshold Monday evening after opening at $1.05.
The cryptocurrency consolidated in a narrow range of $1.05–$1.10 following a 30% rally earlier in the week.
Short-term traders appeared to be locking in profits, which dampened the momentum for a potential breakout.
Despite the price decline, the Cardano ecosystem witnessed an influx of new users, suggesting growing investor interest in the blockchain’s developments.
Over the past 30 days, the number of funded wallets on the Cardano blockchain increased by 10,000, reaching 4.38 million.
This trend began with the 30-day countdown to Trump’s inauguration, which has generated optimism for U.S.-based crypto projects due to promises of zero crypto taxes and a friendlier regulatory stance.
Investors Anticipate $1.20 Breakout
Cardano’s three-day consolidation at $1.07 could signal preparation for a breakout.
On-chain indicators, such as the Bull-Bear Power turning positive and the Parabolic SAR supporting upward momentum, suggest buyer dominance.
If ADA breaches the $1.20 resistance, it could pave the way for further gains.
ADA/USD 1-day price chart. Source: TradingView
The Donchian Channels identify $1.20 as a critical resistance level.
A successful breakout could attract additional buying pressure, while failure to clear this level risks exposing ADA to downside pressures.
Immediate support lies at $1.00, with further declines potentially targeting $0.92.
Trump’s Policies Could Boost U.S.-Based Cryptos
Trump’s proposed tax reforms for cryptocurrencies have generated excitement around projects with strong U.S. roots, including Cardano.
The policy shift has already drawn new investors to ADA, as shown by the increase in funded wallets since Dec. 20.
This steady growth in adoption reflects rising confidence among retail investors, often a precursor to bullish price action.
Additionally, increased on-chain activity from newly funded wallets could enhance Cardano’s network value.
Cardano’s price remains poised for a breakout above $1.20, supported by bullish market sentiment and growing adoption.
However, failure to breach this resistance could expose the token to further declines.
Trump’s policies and the influx of new investors will likely continue to be key drivers of ADA’s performance in the weeks ahead.
免责声明:info@kdj.com
所提供的信息并非交易建议。根据本文提供的信息进行的任何投资,kdj.com不承担任何责任。加密货币具有高波动性,强烈建议您深入研究后,谨慎投资!
如您认为本网站上使用的内容侵犯了您的版权,请立即联系我们(info@kdj.com),我们将及时删除。
-
-
- 加密市场是在追逐噪音,还是最终准备好奖励物质?
- 2025-04-26 12:05:13
- 最近,SUI价格上涨每天的飞跃11%,由Memecoin溢出驱动比核心公用事业更多。
-
-
- 乐观(OP)价格预测2025-2031:OP可以达到$ 10吗?
- 2025-04-26 12:00:26
- 乐观对创新的承诺得到了对3层解决方案的支持。这些解决方案可以开发分散应用程序(DAPP)
-
- 堆栈(STX)价格提高了16%,但潜在的市场情绪表明可以进行更正
- 2025-04-26 11:55:13
- 在过去的24小时内,Stacks(STX)一直是加密货币市场的出色表现,其价格上涨了16%。
-
- 圈子坚定否认有谣言,建议它计划申请美国银行许可证
- 2025-04-26 11:55:13
- “我们敦促国会现在通过两党付款稳定立法来倡导美国的创新,稳定和消费者安全。”
-
-
-
- 使用这些顶级流行的加密货币探索蓬勃发展的仲裁网络
- 2025-04-26 11:45:12
- 想象一个空间,Defi平台摆脱特定于链的限制,区块链消息流而无需摩擦