Binance traders are showing strong bullish sentiment for ADA, with 75% going long on the cryptocurrency.
ADA is witnessing growing whale accumulation as $932 million worth of ADA has been withdrawn from exchanges.
ADA's key breakout level is at $0.75, and the next potential target is set at $0.84.
On-chain data and recent developments like the Midnight sidechain and Glacier airdrop indicate that ADA may be gearing up for an uptrend, with a possible target of $1.