Currently, analysts identify the formation of a bullish flag pattern – characterized by a strong upward movement followed by consolidation in a downward channel – and a possible inverted head and shoulders pattern on the Cardano chart.
If these patterns are confirmed, technical projections point to a movement towards the level of US$ 1.074, representing approximately 30% above current values. However, a break below US$ 0.684 would invalidate this constructive scenario.
The Cardano $ADA presents technical formations that analysts interpret as indicators of a possible appreciation of up to 30% in the coming weeks. The price is also positioned near important levels of the Murrey Math Lines, a technical analysis tool developed by T. Henning Murrey. This system divides the price range into eight equal segments (0/8 to 8/8), creating horizontal levels that act as possible support and resistance points. Based on the theory that markets tend to react in multiples of 1/8, the system identifies where price reversals may occur with higher probability. According to Murrey's methodology, the 0/8 and 8/8 lines represent extreme resistance and support, while the 4/8 line serves as a balance level. The 2/8 and 6/8 lines are considered important reversal points, and the 1/8 and 7/8 lines indicate levels where the price may accelerate or reverse quickly. #Cardano #ADA!
me observing the cryptos that the specialists said would be an excellent investment, turning to dust just like what happened at the snap of Thanos$DOLO $MITO
The Bitcoin River financial services company revealed that its corporate clients are reinvesting, on average, 22% of their profits in Bitcoin, signaling a growing adoption within the corporate base.
Among the sectors served by River, real estate leads, with almost 15% reinvesting profits in Bitcoin $BTC , while the hospitality, finance, and software sectors allocate between 8% and 10%, according to analyst Sam Baker from River, who released a report on Wednesday. #BTC
Cardano $ADA has been falling within a descending channel pattern for several days, indicating buying on dips and selling on rallies. If buyers push the price above the 20-day EMA ($0.84), the ADA/USDT pair could reach the downtrend line. Sellers are expected to mount a strong defense at this line, but if bulls prevail, Cardano's price could rise to $0.96 and then to $1.02.
Cardano $ADA has been falling within a descending channel pattern for several days, indicating buying on dips and selling on rallies. If buyers push the price above the 20-day EMA (US$ 0.84), the ADA/USDT pair could reach the descending trend line. Sellers are expected to mount a strong defense at this line, but if the bulls prevail, the price of Cardano could rise to US$ 0.96 and then to US$ 1.02.
Bitybank, the cryptocurrency bank that is a reference in the Brazilian market, has just announced the expansion of its Turbo Purchase functionality.
From now on, customers will also be able to use the feature to acquire Solana $SOL , Cardano $ADA , and XRP $XRP , three of the most relevant and promising assets in the global crypto market.
The Turbo Purchase is a loan model structured in a bank credit note (CCB) that allows the customer to multiply their initial capital between two and ten times to invest in cryptocurrencies.
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$SOMI SOMI has momentum on its side thanks to launch timing and its role as the utility token for the Somnia metaverse ecosystem. It powers transactions, gaming, NFTs, and governance, which gives it a stronger case for sustained growth if the ecosystem expands.
Several of the world's biggest cryptocurrency exchanges, including Binance, OKX, and Bybit, are offering the tokens on their platforms to trade starting on Monday. The token was last trading at $0.3115, according to CoinGecko. Since World Liberty's launch last year, the Trump family has made around $500 million from the project, according to Reuters calculations based on the company's terms and conditions, transactions traced by crypto analysis firms, and publicly disclosed deals. $WLFI
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