Cardano

Market traders have noted a recent trend in heavy shorting of Cardano (ADA) and XRP, two cryptocurrencies that have been struggling to gain bullish momentum. The on-chain analytics platform Santiment highlighted this factor in a recent X post, suggesting that the increased short positions on these tokens could actually serve as “rocket fuel” for their
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Cardano (ADA) has been receiving positive predictions from various crypto analysts, indicating a potential surge in its price. One analyst, Javon Marks, pointed out that ADA has been making significant progress since breaking the resisting trend. He highlighted the crypto token’s attempt to move towards the first target at $2.77709, suggesting that a recent pullback
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The recent data revealed by analytics platform IntoTheBlock has shed light on a concerning trend within the Cardano (ADA) network. The statistics indicate a significant dip in ‘profitability’ for ADA holders, with only 35% of them currently seeing gains. This stands in stark contrast to cryptocurrencies like Bitcoin and TRX, which show a much higher
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In the volatile world of cryptocurrency, recent market trends have seen a sharp decline in the value of Cardano (ADA) following Bitcoin’s withdrawal from its latest all-time high. However, crypto analyst Dan Gambardello sees this pullback as a positive sign for the broader bull market. Gambardello’s analysis suggests that historical patterns indicate potential growth ahead
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Cardano (ADA) has been making waves in the cryptocurrency market, despite the current slump in the overall market. LuckSide Crypto, a well-known crypto analyst, recently shared his positive outlook on Cardano in a YouTube video released on December 12th. In this article, we will delve into the analyst’s perspectives and explore the potential factors behind
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