Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»Cardano is poised to continue surging as whales and institutions accumulate ADA, cryptocurrency analysts say.
ALTCOIN NEWS

Cardano is poised to continue surging as whales and institutions accumulate ADA, cryptocurrency analysts say.

By Crypto FlexsNovember 24, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Cardano is poised to continue surging as whales and institutions accumulate ADA, cryptocurrency analysts say.
Share
Facebook Twitter LinkedIn Pinterest Email

Layer 1 blockchain Cardano (ADA) is poised to continue its long-awaited price surge, according to a prominent cryptocurrency analyst.

Digital asset trader Ali Martinez told his 87,300 followers on social media platform

“Large Cardano ADA transaction volume on the network exceeds $22 billion per day. These large transactions appear to be associated with high levels of accumulation. In fact, the positions of whales holding between $1 million and $10 million or more in ADA have increased by more than 100% in the past month.

The price has started to move due to high buying pressure and from a technical perspective, Cardano appears to be mirroring previous bull cycles. If this pattern holds true, ADA could target $6!”

Source: Ali Martinez/X

Martinez also points out that $0.80 is one of the “key areas” of support that the ADA must maintain to maintain its bullish case. At that price point, 48,000 addresses purchased nearly 1.2 billion ADA.

video
Source: Ali Martinez/X

ADA is trading at $1.06 at the time of this writing. The ninth-largest cryptocurrency asset by market capitalization is up more than 24% in the last 24 hours, more than 48% in the last seven days, and nearly 200% in the past month.

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us XFacebook, Telegram

Daily Hodl Mix Surfing

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Circle is looking for a US Trust Bank Charter for USDC Reserve Management.

July 1, 2025

Hyra Network Honored As “Technology Startup Of The Year” At The 2025 Globee® Awards

July 1, 2025

Shheikh.io Launches SHHEIKH Token Presale For Blockchain-Backed Real‑World Asset Investments

June 30, 2025

What should I do with encryption?

June 30, 2025

AAS Miner Will Become The Top Free Cloud Mining Platform For Passive Income From Mining Cryptocurrencies Such As BTC And ETH In 2025

June 30, 2025

Bitcoin is integrated into less than $ 108,000, but the eyes are set for $ 115,000.

June 29, 2025

Etherrium price behavior is weakened-danger of short-term modifications

June 29, 2025

Last Opportunity-The bonus stage of the light chain AI begins after closing all 15 pre-sales stages.

June 29, 2025

Its Important To Know What’s Really Going On?

June 29, 2025

Elon Musk, SpaceX And Crypto Hype: What’s Really Going On?

June 28, 2025

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Circle is looking for a US Trust Bank Charter for USDC Reserve Management.

July 1, 2025

Hyra Network Honored As “Technology Startup Of The Year” At The 2025 Globee® Awards

July 1, 2025

Shheikh.io Launches SHHEIKH Token Presale For Blockchain-Backed Real‑World Asset Investments

June 30, 2025
Most Popular

Coinbase Pushes Back at CFTC Proposal to ‘Ban Many Speculation Contracts Without Proper Reason’

August 10, 2024

Asia Express – Cointelegraph Magazine

November 24, 2023

Ithaca Finance raises $2.5 million to build an on-chain options protocol.

February 1, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.