kryptd.in

Alternative LinkedIn für kryptofreundliche Talente

Cardano Remains In Consolidation – Expert Projects 25% Price Move

-

von

kryptd.in
in

Cardano is trading above key demand levels after experiencing a volatile Friday. The market reacted sharply to the news of Bybit’s $1.4 billion hack, causing widespread fear and uncertainty. Prices across the crypto market, including Cardano, dropped from local highs, testing critical support levels. ADA fell over 7% on Friday as panic-driven selling took hold, but the market has since stabilized as Bybit reassured investors with a strong response.

Despite the short-term volatility, analysts remain optimistic about ADA’s next move. Top analyst Ali Martinez shared a technical analysis on X, revealing that Cardano remains in a consolidation phase and is setting up for a potential 25% price move. Historically, consolidation at key demand levels has led to strong breakouts, and if ADA maintains support above its current range, a bullish move could follow.

Investors are closely watching the price action as ADA continues to trade within a tight range. If bullish momentum builds, a breakout could send Cardano toward higher supply zones, confirming a new upward trend. However, if market sentiment weakens, a deeper retrace into lower demand levels may occur. The next few days will be crucial in determining Cardano’s short-term direction.

Cardano Holds Key Demand Amid Uncertainty

Cardano is holding above key demand levels amid recent uncertainty and fear triggered by Bybit’s hack. The event shook the market, causing a wave of selling pressure that pushed most altcoins, including ADA, into low demand levels. The extreme selling pressure that began in late December remains a concern for investors, as volatility continues to dominate price action. Despite this, ADA has managed to maintain its position above critical support zones, fueling speculation about a possible recovery.

Bulls are growing increasingly cautious as ADA struggles to reclaim key supply levels. Many investors remain hopeful that the current consolidation phase will lead to a breakout. Martinez’s analysis on X suggests that Cardano remains in consolidation and could be setting up for a potential 25% price move. Historically, periods of extended consolidation at major support levels have led to explosive rallies, and ADA’s current positioning could indicate a major move is on the horizon.

Cardano Forming A Bullish Pattern | Source: ADAUSDT chart on TradingView

If Cardano successfully reclaims key supply levels and pushes above resistance zones, a massive recovery rally could follow, propelling prices toward multi-month highs. However, losing its current demand zone could trigger a significant correction, further extending ADA’s downward trend. The next few days will be crucial in determining the direction of Cardano’s price action.

ADA Prepares For A Move

Cardano (ADA) is trading at $0.76 after failing to reclaim the $0.82 mark for the second time. The price has been struggling to gain momentum, with selling pressure keeping it below key resistance levels. Bulls need to push above $0.82 and hold it as support to establish a foundation for higher prices. If ADA successfully reclaims this level, the next key target is $0.85, which aligns with the 4-hour 200 moving average, a critical indicator for short-term strength and momentum.

ADA holding above $0.75 | Source: ADAUSDT chart on TradingView

For ADA to confirm a bullish recovery, buyers must defend the $0.73 level over the coming days. Holding above this level will demonstrate strength and allow the price to build a base for a potential rally. However, if Cardano fails to hold above $0.73, further downside could be expected, with the risk of a drop into lower demand zones.

Investors remain cautious as ADA continues to trade within a tight range, and a breakout in either direction could set the stage for the next major move. If bulls manage to reclaim key resistance levels, a strong recovery rally could follow. However, failure to break above resistance could keep ADA trapped in consolidation for an extended period.

Featured image from Dall-E, chart from TradingView

Kommentare

Schreiben Sie einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert

Neueste Feeds

Beliebte Kategorien

de_DE Deutsch
de_DE Deutsch en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Suche auf der Website

Beliebte Geschichten

Tags

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (241) #BitcoinETF (3) #BitcoinGrundlagen (1) #BitcoinHandling (1) #BitcoinPreis (5) #BitcoinPreisLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitweise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCErwerb (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPrüfung (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExperte (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarkt (2) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulierung (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTipps (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (33) #DogecoinGains (1) #DogecoinVolumen (1) #DutchCourt (2) #EC-Handel (1) #ElSalvadorBitcoin (1) #Ethereum (49) #EthereumSchmerz (1) #EthereumPreis (1) #ExpertStellungnahme (1) #FedRateCut (1) #FiatWährung (1) #FinanzielleAuswirkungen (1) #FinanzenDatenschutz (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationDaten (1) #Investition (1) #Investitionsverluste (1) #JapanischeFirma (1) #LegalAction (1) #LegalImpact (1) #Legislierung (1) #LightningNetwork (1) #M MarktAnalyse (3) #MMarktbeobachtung (1) #M Marktvorhersage (1) #MMarktprognosen (1) #M Marktprojektion (1) #M Marktunterstützung (1) #MMarktVolatilität (1) #M-Transport (1) #MemeCoin (3) #MemeMünzen (2) #MinerWirtschaftlichkeit (1) #MGeldwäscherei (2) #MtGox (3) #NordkoreaKrypto (1) #NovogratzVorhersage (1) #PreisMeilenstein (1) #PreisVorhersage (2) #PreisFrage (1) #Preisanstieg (1) #PGefängnisSatz (1) #QuantAnalysis (1) #Regulierungsdruck (1) #SECAntiCrypto (1) #ShibaInu (4) #SocialBuzz (1) #TechnischeAnalyse (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashEntwickler (1) #UKKrypto (1) #UpsidePotential (1) #USKongress (1) #WyomingLand (1) #XRPreis (1) #XRPupswing (1)

Nützliche Links

Links, die ich nützlich fand und teilen wollte.