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Cryptocurrency Market: Cardano (ADA) and Coldware (COLD) in the Spotlight

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by Giorgi Kostiuk

2 hours ago


In August, traders' attention is once again focused on Cardano (ADA) and Coldware (COLD), each attracting interest from different types of investors.

Technical Indicators of Cardano (ADA)

Cardano (ADA) is showing positive technical dynamics, targeting a short-term rise to $0.921 and potentially to $1.05 by the end of the month. Current chart indications, such as the MACD crossover and RSI in the low 60s, suggest bullish movement if resistance at $0.86 is breached.

Dynamics of the Upcoming Coldware (COLD) Sale Stage

Coldware is successfully progressing through its third presale stage, raising over $7.73 million and selling 73.77% of available tokens. In the next stage, prices are set to increase from $0.008 to $0.00975. This project offers hardware, including the Larna 2400® Web3 smartphone and a decentralized VPN, distinguishing it from other market offers.

Different Investment Strategies for ADA and COLD

Investors in Cardano are adopting short-term strategies focused on the technical growth of assets, while Coldware appeals to those interested in long-term investments with a fixed price opportunity at early stages. This differing focus creates unique opportunities for investors based on their goals.

Cardano demonstrates significant short-term potential for traders, while Coldware offers a unique opportunity for early investors with its new technologies. Each investor should carefully assess risks and opportunities based on personal strategies.

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