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NullTX

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CARDANO PRICE ANALYSIS & PREDICTION (December 17) – ADA Poises For Another Drop But Can it Hold Above $1?

  • Cardano's ADA price remains bullish on the daily chart, despite recent hurdles due to low demand.
  • The asset may experience another drop and find support around $0.8, potentially triggering a bounce back.
  • Key support levels to watch are $0.875, $0.765, and $0.69, while key resistance levels are $1.154, $1.32, and $1.5.
  • Disclaimer: This is not trading or investment advice. Always do your research before making any financial decisions.

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Zycrypto

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Bitcoin and Ether Lead Top Crypto Gainers; Can BTC and ETH Inspire XRP, Solana, Cardano, Shiba Inu?

  • Bitcoin and Ethereum lead top crypto gainers in the market.
  • Bitcoin hits a new all-time high and attracts $2 billion inflows in the last 7 days.
  • Rising institutional volumes contribute to Ethereum's bullish speculations.
  • Traders anticipate wider fund flows to altcoins in the coming months.

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TheNewsCrypto

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Cardano Shows Technical Weakness as On-Chain Metrics Signal Growing Distribution Phase

  • Cardano shows technical weakness as on-chain metrics signal a growing distribution phase.
  • Large Cardano holder netflow has dropped 142% in seven days, indicating a significant shift from accumulation to distribution among influential holders.
  • Cardano's holder count has decreased, suggesting profit-taking from the recent rally outweighs new investor interest.
  • Price falls below key EMAs, threatening the $1.05 support level.

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TheNewsCrypto

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Cardano Changed a Chicago Dropout’s Life as His Small Investment Surged to $1M Can BlockDAG Offer Similar Opportunities?

  • A Chicago university dropout invested his entire savings of $14,000 in Cardano (ADA) in 2018 when it was priced at $0.03899 per coin.
  • By 2021, Cardano's price surged to $2.85, turning his investment into over $1 million and providing him with financial freedom.
  • Having experienced success with Cardano, he is now exploring BlockDAG (BDAG), a layer 1 blockchain technology with potential for significant returns.
  • BlockDAG offers a unique solution to blockchain scalability and efficiency and has gained traction, with its presale achieving over $166 million and a coin price increase of 2240%.

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Crypto-News-Flash

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Cardano News: Hoskinson Eyes 2025 Developer Conference—Impact on ADA Price Forecast

  • Charles Hoskinson proposes a developer conference for Cardano next year
  • Hoskinson aims to showcase the Cardano ecosystem and foster collaboration among developers
  • The proposed developer conference could impact the price of ADA, Cardano's native digital asset
  • ADA's price has experienced a correction, but increased adoption may lead to a rebound

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Zycrypto

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Whale Patterns Reveal Cardano Bull Strategy as ADA Market Fundamentals Favor Price Storm

  • Cardano (ADA) whales, with wallets containing between 100 million and one billion ADA coins, have been accumulating more coins and buying the dip to increase their holdings.
  • Recent data suggests a deliberate strategy by ADA whales, similar to their behavior in November, where they aggressively bought tokens during price pullbacks and trimmed their holdings after the price spiked.
  • ADA whale holdings have increased by 145% from October 18th to November 18th, reaching $12.11 billion, indicating a bullish stance.
  • The accumulation trend by whales signals potential upward momentum in ADA's price, while retail investors have reduced their holdings.

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Crypto-News-Flash

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ADA Super Cycle Incoming? Top Analyst Predicts Major Rally for Cardano

  • Analyst Dan Gambardello suggests that ADA may be approaching a price supercycle, with potential targets of $3, $7, and $14.
  • Cardano remains resilient, trading above the $1 mark despite a 7% drop in the past week, highlighting its strength compared to other altcoins.
  • Cardano's strong fundamentals support the prediction of a price supercycle, aligned with a broader anticipation of a bullish trend.
  • Cardano founder Charles Hoskinson unveils a plan to fully decentralize the Cardano network by 2025, emphasizing community governance and engagement.

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TheNewsCrypto

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Cardano (ADA) Price Prediction 2024, 2025, 2026-2030

  • Cardano (ADA) has been forecasted to have a bullish price of $1.4932 to $2.5468 in 2024. It also has a bearish price prediction of $0.4481. If the bullish trend continues, ADA may reach $3. Technical analysis indicators suggest a neutral price momentum in the current year of 2024. If the market momentum positively elevates and with future upgrades, ADA might surpass its current all-time high of $3.10 and mark its new ATH. The price of ADA is expected to reach $3.5 by 2025.
  • Cardano (ADA) is the native token of the Cardano blockchain that uses the Proof-of-Stake (PoS) consensus mechanism, Ouroborus. The platform aims to scale the permissionless nature of the DeFi space and aid the mission of banking the unbanked.
  • If the pattern trend continues, then the price of ADA might reach the resistance levels of $1.2775 and $6.2616 in 2024. If trend reverses, then the price of ADA may fall to the support levels of $0.5383 and $0.2390.
  • Cardano (ADA) has been built as an upgraded version of Ethereum’s smart contract network.
  • Technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) provide bullish signals for the cryptocurrency in 2024.
  • Cardano (ADA) might hit $3 if the market momentum and investors’ sentiment positively elevate. Future upgrades and advancements in the platform might help ADA surpass its current all-time high (ATH) of $3.10 and mark its new ATH.
  • Cardano (ADA) price is expected to reach $4 by 2026 and $5.5 by 2030.
  • ADA has been listed on many crypto exchanges which include Binance, Coinbase Exchange, KuCoin, Bitfinex and OKX.
  • Cardano (ADA) reached its new all-time high (ATH) of $3.10 in September 2021 and hit its all-time low (ATL) of $0.01735 in October 2017.
  • The bullish Cardano (ADA) price prediction for 2024 is $2.5468 and the bearish Cardano (ADA) price prediction for 2024 is $0.4481.

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Bitcoinik

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Cardano ($ADA) coin following super rocket pattern! Hoskinson Reveals Decentralised Map 2025

  • Charles Hoskinson shared the Cardano 2025 map, confirming high decentralization.
  • Current trade price of $ADA coin is $1.16, showing a 93% increase in the last 30 days.
  • Crypto analyst predicts Cardano coin may reach $1.32 in the short term.
  • Cardano released Daedalus v7.0.0, preparing for the upcoming Cardano Constitution referendum.

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Bitcoinist

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Cardano Founder Hoskinson Reveals Plans For 2025

  • Charles Hoskinson, the founder of Cardano and CEO of Input Output Global (IOG), has revealed his governance vision, institutional structures, and strategic milestones leading up to 2025 in a recent livestream.
  • Hoskinson discussed the most significant challenges in realizing true decentralized governance for Cardano. Cardano needs to finalize full decentralization,
  • In the livestream, Hoskinson reflected on the recently concluded Constitutional Convention and the milestones that lie ahead.
  • He emphasized Cardano’s transition to an annual budget process and the election of community-elected officials who would replace the current constitutional committee in 2025.
  • Hoskinson urged participation in the global crypto industry, noting that entities like Coinbase, BlackRock, a16z, and ConsenSys would have a significant influence on crypto-policy.
  • Cardano is focused on being included in industry dialogues and seeking partnerships where possible.
  • Hoskinson highlighted Cardano’s unique governance approach by directly participating in community workshops that lead to direct feedback.
  • He acknowledged that there will be challenges and turbulence in 2025, but by achieving lasting decentralization, he believes that Cardano will be close to greatness.
  • Finally, Hoskinson called on the community to judge Cardano by its actions, not its words and reiterated his commitment to the network.
  • At the time of publication, ADA traded at $1.08.

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Crypto-News-Flash

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Cardano Enhances ADA Delegation With New Daedalus v7.0.0 Release

  • The latest version of Cardano’s full-node wallet, Daedalus v7.0.0, has been released with the addition of a voting tab for all ADA holders to participate in governance decisions.
  • Daedalus v7.0.0 introduces a mechanism for ADA holders to delegate their voting power to designated representatives (DReps) and provides options for automatic voting models.
  • Users will receive an alert via the built-in newsfeed to update their wallets and access the new features, including the voting tab.
  • Cardano has implemented a governance improvement initiative, including its Cardano Improvement Proposal-1694 (CIP-1694) to ensure on-chain decision-making and active participation of ADA holders.

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Crypto-News-Flash

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5 Reasons Cardano Will Set New ATH During the 2025 Bull Run

  • Cardano's scientific approach and major upgrades position it for growth in the 2025 bull run.
  • The scientific approach improves security and attracts developers, while upgrades like Alonzo, Hydra, and Chang enhance Cardano's network.
  • Cardano's DeFi ecosystem and loyal community contribute to its potential for growth and success.
  • Real-world impact and practical solutions highlight Cardano's value, particularly in areas like Africa and China.

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TheNewsCrypto

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Cardano (ADA) Set to Rocket to $5 Before XRP as Turbo-Charged Altcoin at $0.125 Aims To Beat Both

  • Cardano (ADA) has established itself as a scientifically motivated blockchain platform, and experts project Cardano might hit $5 by the end of 2025.
  • Ripple (XRP) was a forerunner in enabling cross border payments, with forecasts pointing to it perhaps reaching $4 in 2026.
  • Rexas Finance (RXS) is becoming a vital rival, according to analysts who believe it could surpass ADA and XRP in reaching the sought-after $5 level.
  • Rexas Finance is using blockchain technology to transform real-world asset (RWA) tokenizing.
  • With mid-2025 estimates setting the RXS token at $5—outpacing Cardano and Ripple—analyzers forecast RXS will spike by 1,000% to $1.25 after listing on major exchanges at $0.20 in early 2025.
  • Rexas Finance provides instant use cases that appeal to retail and institutional investors.
  • Moreover, the lack of legal obstacles has let Rexas Finance concentrate on creativity and expansion, making it a safer and more profitable investment than XRP.
  • Although Cardano and Ripple are still major participants in the Bitcoin market, Rexas Finance has proven to be a disruptive factor capable of surpassing both.
  • Rexas Finance might be the turbo-charged cryptocurrency that redefines industry standards for investors looking for the next great chance in cryptocurrencies.
  • With forecasts showing it might hit $5 by mid-2025—faster than Cardano and Ripple—RXS is positioned to provide exponential rewards as the presale approaches completion.

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TheNewsCrypto

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AI Predicts This Token Will Follow Ripple (XRP), Cardano (ADA) and Ethereum (ETH) Price Pumps

  • Rexas Finance (RXS) is attracting interest as a potential rival to Ethereum (ETH), Cardano (ADA), and Ripple (XRP) in terms of price increases.
  • Rexas Finance aims to build a vibrant ecosystem and improve token value through features like staking, yield farming, and alliances with real estate companies.
  • With over $24.3 million raised in its presale, Rexas Finance is on track to have one of the best presales of 2024.
  • Rexas Finance is dedicated to involving its audience, as shown by its $1 million giveaway and community-building efforts.

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Bitcoinsensus

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Cardano Price Analysis: Is a Major Reversal Brewing?

  • Cardano (ADA) shows strong bullish structure on weekly, daily, and 4-hour charts with higher highs and higher lows.
  • A potential shorting opportunity exists in a supply zone above liquidity on the 1-hour chart.
  • Traders must exercise caution as price reactions are unpredictable in zones with high liquidity.
  • The higher timeframes suggest a bullish momentum while the 1-hour chart indicates a potential short opportunity, but the ultimate direction is uncertain.

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