Cardano Price Prediction: Chart Pattern Shows Next Move is 1,000%
1ADA
Cardano
Price Prediction
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Trading volumes up 77% as altcoin season heats – Cardano price prediction eyes $10 breakout or collapse to $0.48.
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Author
Alejandro Arrieche
Author
Alejandro Arrieche
About Author
Alejandro is a seasoned financial analyst and adept business expert with over seven years of experience in dissecting complex business topics and vital market trends. His insightful writing, which has...
Author Profile
Share
Copied
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
3 hours ago
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Altcoin season is gaining momentum, and capital rotation into top-tier tokens like Cardano (ADA) is accelerating — supporting a bullish Cardano price prediction at this stage of the cycle.
In the past 24 hours alone, ADA’s trading volume has surged by 77%, topping $1 billion and representing 3% of its total circulating supply, as the token gains 3% and flashes renewed strength on the charts.
This token’s latest price action has pushed its yearly performance to positive territory, resulting in a 1% gain since the year started.
This week, the market will set its eyes on inflation data in the United States, which is scheduled to be released on Thursday.
The head of the U.S. Federal Reserve, Jerome Powell, has already confirmed that the central bank is ready to cut rates for the first time this year and analysts believe that this will happen during next week’s FOMC meeting.
This supports a bullish Cardano price prediction as it improves market conditions, increases appetite for high-risk financial assets, and boosts liquidity in the near term.
Cardano Price Prediction: ADA Faces Boom or Bust Moment.
The daily chart shows that ADA has broken out of a descending channel and seems to have started its climb toward much higher ground.
The market seems ready for its next leg up as an uptrend has surfaced after this bullish breakout. However, a retest of the upper bound of this price channel from above could be expected in the next few days.
Depending on what...
https://cryptonews.com/news/cardano-price-prediction-chart-pattern-shows-next-move-is-1000-rally-or-50-drop/
#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple