🚀 #卡尔达诺 will it break through 1 dollar? #ADA! latest market trend revealed! 💎

Attention crypto friends! Cardano (ADA) has been performing strongly in recent months 📈, but there are some small risks on the way up — profit taking could happen at any time.

Bitcoin (#BTC ) started to pull back since the weekend, dropping 4.6% on August 25, from $117,000 to $111,500. During the same period, ADA's market value fell from $0.93 to $0.86, a decline of about 6.7%. But don't rush, the daily price chart is still bullish, and trading volume in August has been quite active 🔥

Let's review: On August 14, ADA tested the resistance level of 1 dollar but couldn't break through. This time it is very likely to try again, and if successful, the next target could be 1.2 dollars (as indicated by the Fibonacci extension line 📊)

On-chain indicators also provide some signals:

Development activity remains strong, scoring 80.86, far exceeding #ETH 's 25.05.

The decline in trading volume is concerning, but daily active addresses remain stable 💡

The 180-day MVRV shows that some holders may take profits, but the dormant circulation is low, and the risk is temporarily manageable.

Another highlight is the average coin age (MCA) slowly rising 📈, indicating that ADA is gradually being accumulated in the network — in the long term, this is a positive signal!

In summary: Cardano may face profit-taking pressure in the short term, but the bullish trend remains 👀

Will it break through the 1 dollar mark? Let's wait and see! 💥