Cardanos ada
Token rose 3% over the last 24 hours and traded nearly $ 0.6460 at noon Monday after reaching a high of $ 0.6502. The price course coincided with a new milestone that strengthens the network’s long -term strength.
According to an X -Post of Taptools, Cardano has now surpassed 1.3 million stack addresses and cemented its status as one of the most placed blockchains in the world. This comes in the midst of the ongoing developments in the ecosystem and follows founder Charles Hoskinson’s proposal to allocate $ 100 million in the Treasury ADA against Bitcoin and StableCecoins to improve defi -liquidity.
Despite the recent whale outflows – equivalent to over 270 million ADA in the last week – market mood has remained constructive. ADA maintained its upward course throughout the analysis period, reflecting a stable buyer interest. The token continues to act just below its daily top and shows signs of accumulation near the top of its current interval.
Technical analysis highlights
- ADA traded between $ 0.6219 and $ 0.6502 during the analysis period and marked a 4.55% intraday area.
- Price broke over $ 0.635 resistance and established support for $ 0.637, later confirmed at $ 0.648.
- Higher low and steadily increasing volume confirmed a bullish continuation pattern.
- At 07: 15–07: 16 GMT, ADA jumped almost 0.4% on volume of over 5.3 million units – the most active minute of the observed period.
- MOT The end of the analysis window moved ADA from $ 0.646 to $ 0.649 before he briefly consolidated about $ 0.646.
- The last hour’s light within this timeframe closed with a 0.5% gain, which retains the upset structure.
Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with Our standards. For more information, see Coindesk’s full AI policy.
