Mohammed Adam Adam Abdurahman
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Bullish
$ADA
📈 Current Technical Situation
General Trend: The price is currently trading at ~0.86 USD after a recent rise – with a daily increase of more than 13–15% in light of market movements and news of strategic partnerships.
Short-term Technical Indicators: Show "strong buy" signals on most time frames (from 30 minutes to daily), with the EMA trending upwards after the formation of what is known as the "Triple Golden-Cross".
Relative Strength Index (RSI): Lies within the neutral range (30–70), with a slight bearish divergence that could delay the recovery, but selling levels are not strong enough for immediate bearish actions.
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🧩 Fundamental Analysis
Institutional Adoption and Technical Partnerships: Recently announced (July 17, 2025) a partnership with Tokeo Wallet and integration across networks (XRP Ledger) to enhance interoperability and efficiency, which are good signs for expanding growth.
Financial Report from Cardano Foundation: Shows that ADA has surpassed a descending technical channel in mid-July with an increase of nearly 50% since late June, reflecting strong technical resilience and the potential for entering a broader upward wave.
📈 Current Technical Situation
General Trend: The price is currently trading at ~0.86 USD after a recent rise – with a daily increase of more than 13–15% in light of market movements and news of strategic partnerships.
Short-term Technical Indicators: Show "strong buy" signals on most time frames (from 30 minutes to daily), with the EMA trending upwards after the formation of what is known as the "Triple Golden-Cross".
Relative Strength Index (RSI): Lies within the neutral range (30–70), with a slight bearish divergence that could delay the recovery, but selling levels are not strong enough for immediate bearish actions.
---
🧩 Fundamental Analysis
Institutional Adoption and Technical Partnerships: Recently announced (July 17, 2025) a partnership with Tokeo Wallet and integration across networks (XRP Ledger) to enhance interoperability and efficiency, which are good signs for expanding growth.
Financial Report from Cardano Foundation: Shows that ADA has surpassed a descending technical channel in mid-July with an increase of nearly 50% since late June, reflecting strong technical resilience and the potential for entering a broader upward wave.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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