Bulls have seized the initiative after yesterday’s decline, according to CoinMarketCap.
![Article image]()
Top coins by CoinMarketCap## ADA/USD
Cardano (ADA) has gained a lot of value today, rocketing by 7.31%.
![Article image]()
Image by TradingViewOn the hourly chart, the rate of ADA has broken the local resistance at $0.3675. If bulls can hold the gained initiative, the upward move is likely to continue to the $0.38 zone at the weekend.
![Article image]()
Image by TradingViewOn the bigger time frame, the price of ADA is rising after yesterday’s bullish closure. However, buyers might need more time to accumulate energy for a further move.
In this case, sideways trading in the range of $0.36-$0.3750 is the more likely scenario until the end of the week.
![Article image]()
Image by TradingViewFrom the midterm point of view, the rate of the altcoin has made a false breakout of the previous weekly candle low. If the bar closes far from that mark, there is a chance to see a bounce off to the $0.40 zone.
ADA is trading at $0.37 at press time.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Articoli correlati
Avalanche và Hedera tăng giá, CoinDesk 20 tiếp tục đi lên
Avalanche and Hedera have shown significant price increases, contributing to a positive sentiment in the CoinDesk 20 index. The overall market is attempting to stabilize amidst short-term volatility, with buying interest shifting to altcoins. Further growth will depend on sustained liquidity and market psychology.
TapChiBitcoin10m fa
Raoul Pal Declares Bitcoin Peak Will Arrive in Q2 2026, Bull Cycle Extension Still in Play
Raoul Pal declares Bitcoin peak will arrive in Q2 2026.
He then explains how the bull cycle extension is still in play.
Several factors point to BTC and altcoin prices surging after a dip.
The crypto market has been in a fierce tug of war debate over bearish vs bullish expectations
CryptoNewsLand27m fa
Algorand (ALGO) Soars 22% Daily Following Google’s Warning: Further Gains Ahead?
The cryptocurrency market has taken a breath of fresh air over the past 24 hours, with multiple leading digital assets charting minor increases.
Algorand (ALGO) stands out as one of the top performers following a 22% daily pump. Some analysts believe there is more fuel left for an additional
CryptoPotato33m fa
Trump Says When the US Will Agree to Iran’s Requested Ceasefire: How Will BTC React?
Bitcoin's price surged to $69,200 amidst Middle Eastern tensions and Donald Trump's comments on Iran seeking a ceasefire. The market's stability hinges on the region's developments, impacting the cryptocurrency's volatility.
CryptoPotato54m fa
Grayscale’s research head says tokenization will happen in waves and explains how to play it
Tokenization has become one of crypto's favorite buzzwords, but Grayscale head of research Zach Pandl said investors should think about it less as a single trade and more as a long roadmap with different winners at different stages.
Speaking at EthCC conference in Cannes, France, Pandl said that th
CoinDesk1h fa
Crypto Sector Displays Steady Performance While Fear Persists
The crypto market shows steady momentum with a capitalization of $2.33T and a 24-hour volume increase of 28.86%. Bitcoin and Ethereum rose by 1.47% and 3.10%, respectively. Notable gainers include $TRUMP, $GROK, and $PI. DeFi and NFT markets also experienced growth, while Mercado Libre plans to phase out Mercado Coin and CoinShares aims for a Nasdaq debut.
BlockChainReporter1h fa
