🔹️. Technical Analysis (Short-Term) for Currency $ADA
Main Support: at $0.84 – Recently tested and held.
First Resistance: at $1.00 – Important psychological barrier.
Second Resistance: at $1.15 – $1.20.
Indicators: Entry of whales buying large amounts has given upward momentum.
🔹️. Near-term Expectation: Continued fluctuation between $0.84 – $1.00 with a possibility of breaking upwards if institutional buying continues.
---
🔹️. Fundamental Analysis (Long-Term)
1. Project Strength:
The Cardano team led by Charles Hoskinson (one of the founders of Ethereum).
Focus on security and sustainability.
Gradual development through phases (Byron, Shelley, Goguen, Basho, Voltaire).
2. Usage and Adoption:
$ADA is used for governance voting.
DeFi and NFT applications have started to emerge on the Cardano network.
3. Strengths:
Very low fees compared to Ethereum.
Low energy consumption (environmentally friendly).
Huge and supportive community.
4. Challenges:
Delays in developing some updates.
Strong competition from Ethereum, Solana, and Avalanche.
---
🔹 Predictions
Short-Term (2025):
If the current momentum continues, we might see $ADA between $1.2 – $2.
Medium-Term (2026 – 2027):
If development and adoption continue, the price may reach $3 – $4.
Long-Term (2030):
If the project succeeds in achieving its vision, some predictions place it between $5 – $9.
#BNBATH880 #CryptoRally #AKEBinanceTGE