🚀 Cardano ($ADA ) – “hardworking bee” about to transform into a butterfly? 🦋
While many investors have… abandoned ADA out of frustration, on-chain data reveals an interesting story: whales are quietly accumulating, while the price has quietly increased by 11% over the past 30 days. Market sentiment is at its most pessimistic in the last 5 months – and as usual, this could be the moment ADA is preparing for a surprise!
On the chart, ADA is forming a Wyckoff accumulation pattern and is holding above the 100-day EMA. If a positive scenario occurs, ADA could potentially break back into the range of 1–1.17 USD (which is +40% from the current level). Adding a “bonus” from the Fed potentially cutting interest rates and speculation about the ADA ETF, it seems that Cardano is quietly gearing up for a new sprint season.
👉 In summary: ADA now feels like the “forgotten supporting character” but could unexpectedly steal the spotlight. Those who believe should accumulate, and those who doubt can… just stand outside with popcorn to watch the show! 🍿
⚠️ This article is for reference only. If you buy ADA and it goes in the opposite direction by 180 degrees, please don’t come looking for me to blame – I’m busy monitoring instant noodle prices! 🤣
