クリプトドットイン

暗号に強い人材のためのオルタナティブ・リンクトイン

Why is Cardano (ADA) Up 15% in a Week?

Last month, Cardano’s ADA collapsed below $0.14, the lowest level since the end of 2020. Meanwhile, its market capitalization briefly plummeted to roughly $5 billion, leaving the asset temporarily out of crypto’s top 20 club.

The bulls, though, managed to halt the free fall and even stage an impressive comeback. Here’s what happened and the possible catalysts behind the resurgence.

Green Week for ADA

As of press time, the token is worth almost $0.17, representing a 17% increase over the past 7 days. Perhaps the most evident reason pushing ADA higher is the broader market rebound following de-escalation news out of the Middle East.

Bitcoin (BTC) soared to $62,000, while Ethereum (ETH) surged past $1,700 amid レポート that Iran and the USA are set to hold the next round of direct talks in the third week of July after the funeral of the supreme leader Ali Khamenei.

Another catalyst could be the excitement surrounding a Cardano upgrade scheduled to go live on July 6. Namely, this is the RealFi Phase 1 Testnet, described as “the first public step toward next-generation stablecoin infrastructure” on the project.

“Crypto’s clearest success story has scaled as money. But not as capital. Hundreds of billions of dollars sit idle in stablecoins: No utility. No impact on the real economy. We think that’s a problem worth solving – and the Testnet is where we start. During Phase 1, participants can explore the platform, use its core features, and share feedback that will directly shape the protocol. This is collaborative infrastructure-building in public, and we want you involved,” the announcement reads.

Speaking about the upcoming effort was Cardano’s founder, Charles Hoskinson, who called it “the largest upgrade” in the project’s history.

Numerous analysts noted ADA’s revival, arguing it has more fuel left to post further gains. X user Sssebi claimed the token “is on fire” and envisioned a short-term pump to $0.20, while Nehal predicted a jump to $0.23, provided the price holds above $0.16.

Not so Fast

ADA’s recovery shouldn’t be seen as a guaranteed start of a new bull run, as the crypto market remains quite unstable and vulnerable to another severe pullback.

The asset’s Relative Strength Index (RSI) reinforces the bearish outlook. The technical analysis tool, which ranges from 0 to 100, has risen above 70, indicating that ADA is in overbought territory and due for a possible correction. Conversely, ratios below 30 are considered buying opportunities.

ADA RSI
ADA RSI, Source: RSI Hunter

 

ポスト Why is Cardano (ADA) Up 15% in a Week? に初登場した。 クリプトポテト.


コメント

コメントを残す

メールアドレスが公開されることはありません。 が付いている欄は必須項目です

最新フィード

人気カテゴリー

ウェブサイトを検索

人気記事

タグ

#AlexeyPertsev (1) #Bidenクリプトバン (1) #Biden選挙 (1) #BinanceVsCoinbase (1) #ビットコイン (452) #BitcoinETF (3) #ビットコイン基礎知識 (1) #ビットコインの取り扱い (1) #Bビットコイン価格 (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #ビットコイン・サージ (1) #Bitcoinトップ (1) #Bitfinex (1) #ビットワイズ (1) #BracebridgeCapital (1) #BRC20トークン (1) #BTC取得 (1) #Bullish予測 (1) #Bullishセンチメント (1) #中国鉱業 (1) #CPプレビュー (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #クリプトマニア (1) #CryptoMarket (4) #CryptoPrediction (1) #Crypto予測 (1) 1TP5トリプトレギュレーション (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty(暗号の不確実性 (1) #Dデリバティブジャンプ (1) #Dogecoin (74) #Dogecoinゲイン (1) #Dogecoinボリューム (1) #ダッチコート (2) #ECコマース (1) #ElSalvadorビットコイン (1) #Ethereum (74) #EthereumPain (1) #EthereumPrice (1) 1TP5専門家の意見 (1) #Fedレートカット (1) #FiatCurrency (1) #フィナンシャル・インパクト (1) #フィナンシャル・プライバシー (1) #Firmシャットダウン (1) #F凍結アカウント (1) 1TP5自己資金 (1) #InflationData (1) 1TP5投資 (1) 1TP5投資損失 (1) #日本ファーム (1) #法的措置 (1) 1TP5法的影響 (1) #法律 (1) #LightningNetwork (1) #市場分析 (3) #Mマーケットモニタリング (1) #M市場予測 (1) #市場予測 (1) #M市場予測 (1) #Mマーケットサポート (1) #マーケットボラティリティ (1) #マリッジ (1) #MemeCoin (5) #Memeコイン (2) #Miner収益性 (1) #マネーロンダリング (2) #MtGox (4) #北朝鮮暗号 (1) #ノボグラッツ予想 (1) #Priceマイルストーン (1) #P価格予測 (2) #Price質問 (1) #プライスサージ (1) #Prisonセンテンス (1) #QuantAnalysis (1) 1TP5規制圧力 (1) #SECアンチクリプト (1) #ShibaInu (6) #SocialBuzz (1) #技術分析 (1) #トンコイン (3) #トルネードキャッシュ (3) #TornadoCashDev (1) #TornadoCashデベロッパー (1) #UKクリプト (1) #Upsideポテンシャル (1) #USCongress(米国議会 (1) #ワイオミングランド (1) #XRP価格 (1) #XRPupswing (1)

お役立ちリンク

私が役に立ち、共有したいと思ったリンク