• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cardano (ADA) Gaining Momentum: New Rally Opportunities

user avatar

by Giorgi Kostiuk

4 months ago


Cardano (ADA) is exploring new opportunities after hitting a two-year high as bullish sentiment prevails amid volatile swings.

Current Market Situation

Cardano (ADA) has seen significant growth, surpassing $1.2, marking a two-year high. However, this attracted bears, causing a drop of over 30%. Despite this pullback, recent trends indicate growing bullish dominance.

Impact of the Bullish Trend

The recent bullish run allowed ADA to break above the descending trend line since the 2021 high, reviving hopes for a bull run in 2025 with potential new heights above $3.

Future Projections

Current dynamics suggest that Cardano could breach interim resistance around $0.968, potentially pushing towards $1.175 to $1.28. If bullish conditions persist, a new ATH could be set before year-end.

Cardano (ADA) shows signs of sustainable growth, but the situation remains volatile. The upcoming months will be crucial in shaping its trajectory.

0

Share

Other news

Stellar (XLM): Increasing Interest in Asset Tokenization on Wall Street

Stellar (XLM) draws attention due to growing interest from institutional players and rising transfer volumes.

user avatarGiorgi Kostiuk

a minute ago

WLFI's DeFi Initiatives: USDf Minting and Rapid Growth of USD1

WLFI intensifies its DeFi strategy by minting USDf and expanding the market presence of USD1.

user avatarGiorgi Kostiuk

a minute ago

Qubetics, Avalanche and VeChain: Top Cryptocurrencies for Investment

An overview of the current news about Qubetics, Avalanche, and VeChain, their prospects amid the recovery of the cryptocurrency market.

user avatarGiorgi Kostiuk

2 minutes ago

Bhutan Introduces Unique Crypto Payment System for Tourists

Bhutan has unveiled a national crypto payment system for tourists, allowing the use of over 100 cryptocurrencies.

user avatarGiorgi Kostiuk

2 minutes ago

Fartcoin: Critical Support at $0.91 Following a 10% Decline

Fartcoin has seen a 10% drop, reaching a key support level at $0.91, which might determine future market movement.

user avatarGiorgi Kostiuk

3 minutes ago

Binance Delists ANIME/BNB, STRK/BTC, and THE/BTC: What It Means

Binance has announced the delisting of three trading pairs, including ANIME/BNB, starting May 9, 2025, emphasizing its strategy for quality assurance.

user avatarGiorgi Kostiuk

4 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.