Main notes
- ADA PRICE has seen more than 60 % gathering over the past four weeks with continued bullish momentum.
- RSI on the weekly graph is 58 years, a little higher than its 50 neutral level, indicating that the upscale momentum is gaining traction.
- With current expectations, $ 1.01 can be re -tested in the coming weeks.
Cardano
Lead
0.87 dollars
24 hours fluctuation:
4.3 %
The maximum market:
$ 31.37 b
Folder. 24h:
$ 1.70 b
She recently gained the noticeable prices, which expanded her upward outlook.
Within the past four weeks, the ADA price has seen more than 60 %. Cardano (OI) has reached a record height. These signs improved feelings for ADA and can pave the way for more prices.
Technical analysis says that ADA can extend the bull
The price of Ada was trading at $ 0.8725, a decrease of 1.39 % over the past 24 hours at the time of writing this report. Despite the decrease in the price, it should be noted that the currency has managed to maintain its upscale view in the medium term.
On July 21, the Ada price jumped to $ 0.92, which represents the highest level in four months. Davil Data show that the total closed value (TVL) on Cardano rose to $ 412 million on Monday.
ADA’s open interest has risen to a record height, while technical indicators indicate a possible bull tour. The weekly business management conference is 58 years, just higher than 50 neutrals, indicating the growing bullish momentum.
Cardano Weekly Chart | Source: TradingView
Some indicators show an increasing possibility of ADA reconsidering the psychological level of $ 1 in the short term. As of June 14, ADA futures for stock exchanges amounted to $ 1.18 billion.
From there, it rose to $ 1.66 billion on Monday, which represents the highest new daily level (ATH).
OI’s increase usually indicates that new or additional money enters the market. It can also indicate a new purchase, a feeling that can feed the current ADA prices.
The Cardano series recently recorded an increase in the interest of merchants and liquidity. This event is believed to be an incentive for the expectations of the upscale platform.
according to Symbolic peripheral dataADA Chain’s weekly trading volume increased from $ 8.12 billion in the second week of July to $ 10.30 billion last week. This represents the highest level witnessed by the Cardano platform since mid -March.
As positive liquidity increases, the chances of re -testing a $ 1 sign in the coming weeks are high.
The distinctive symbol before 6900 became more interesting
As the ADA price movement cools, all eyes turn into Token6900, one of the best blades that heats the market. This bold new project creates a serious uproar with a valuable proposal that challenges expectations.
Token6900 tracks liquidity, gross domestic product, oil reserves, and corporate profits in a manner that emerges from the crowd. It is not just another symbol after the same old road map.
There is no traditional benefit here. “If you bought Token6900, you expect benefit, congratulations, you are the utility.” This is not just prior. It is a wild journey, and it is gaining momentum.
Statistics are current
The current price: 0.006675 dollars
The amount that has been raised so far: $ 977k
index: Token6900
Phantom: 5 million dollars
The end price: 0.007125 dollars
Token6900 brings a bold distinctive symbol to the table. Forty percent feeds aggressive marketing, 5 percent of the reward forces, and 10 percent goes to liquidity, with more customization for developers incentives and the development of basic coding. This project is designed to move quickly and loudly.
If you are interested, it’s time to act. The price of the distinctive symbol changes in only one day. Until then, you can still seize the Token6900 using Crypto or even a credit card. Do not sleep on it.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Benjamin Jodfrey is a blockchain lover and journalist who enjoys writing about the real life applications of Blockchain technology and innovations to pay public acceptance and complementarity all over the world for emerging technology. His desire to educate people about encrypted currencies inspire his contributions to the media and famous sites in Blockchain.
The post Is Cardano Price to $1 Finally Possible? first appeared on Investorempires.com.
