CandleFocus

Cardano (ADA) Price Prediction For January 13

Crypto whales have purchased over 90 million ADA tokens in the past four days, indicating a potential buying opportunity. Despite a recent decline in ADA's price, the token has seen increased trading volume and is currently trading near $0.968. If ADA maintains its position above the 200 EMA and the $0.955 level, it remains bullish. Based on recent price action, there is a possibility that ADA could increase by 17.5% to reach a resistance level of $1.135 in the near future. The Relative Strength Index suggests there is room for further upside momentum. Overall, this suggests potential upside for ADA.

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