🚨 Cardano Heating Up Again? 🚨
After a -10% dip last week, $ADA is showing quiet strength — consolidating nicely above the key $0.74 level. 📉➡️📈 According to analyst @Ali_Charts, this support lies at the bottom of an upward channel that’s been in play since mid-April.
👀 If ADA holds this range, we could see a push to $0.88 or even challenge the $1 mark soon. Yep, $1 ADA is back on the radar. 📊
But here’s what’s really catching eyes:
🐋 Whales are loading up — over 80M ADA scooped up in just 48 hours (Santiment data). When big wallets move, they usually know something... 👀
Adding fuel to the fire:
🤝 Potential DeFi collab between Cardano & Litecoin. Charles Hoskinson hinted at it, possibly via the privacy-focused Midnight project. A rare cross-chain move between two OGs? That’s bullish.
🪙 And don’t ignore the ETF noise — odds of a spot $ADA ETF jumped from 45% to 64% in one day (Polymarket). TradFi is watching.
TL;DR — ADA’s consolidating with strong fundamentals, growing whale interest, and bullish narratives. Don’t sleep on this move. 🌙