🌐 Cardano x Google Cloud – Midnight Partnership Fuels ADA Momentum 🚀
Cardano ($ADA ) is holding strong above $0.80, boosted by Midnight’s new partnership with Google Cloud to power privacy-first, zero-knowledge systems. 🔒☁️
📊 Key Highlights:
✅ ADA trades above the 100-day EMA
✅ On-chain data shows profit-taking dropping sharply (NRPL down from 33.7M ADA → 1.53M ADA)
✅ % of supply in profit climbs to 69.69% → Selling pressure easing
🔥 Resistance to watch:
$0.9182 (50% Fib)
$1.0145 (61.8% Fib)
If momentum holds, ADA could test $0.90–$1 soon. A breakdown risks retesting the 200-day EMA at $0.77.
👉 Google Cloud’s support + $200K in dev credits could mark a new chapter for Cardano’s ecosystem.
