CandleFocus Cardano (ADA) Rockets 211% in Price: What's on Horizon?
2024-11-24
Author: Content Editor
In November, Cardano (ADA) experienced a significant rise, increasing by 211% over the past 30 days. This surge in price was driven by factors such as increased whale activity and positive market sentiment. Whales holding large amounts of ADA have been accumulating more positions, and the volume of large transactions on the Cardano network has exceeded $22 billion per day. The broader cryptocurrency market also experienced a bull run, which positively impacted altcoins like Cardano. However, at the time of writing, ADA had dropped 11.26% in the last 24 hours due to profit-taking. Despite the drop, ADA remains 36% higher weekly. The price level of $1 plays an important role, with ADA needing to stay above $0.80 to maintain support and potentially move back up to $1.25. If the price falls below $0.80, it may trigger a drop to $0.63.
Related News
SHIB Price Prediction for November 24 Bitcoin facing correction to $85,000 as $100,000 target derails Shiba Inu Whale Activity Skyrockets 148%, but SHIB Price Dips 74 Trillion in 24 Hours Shiba Inu (SHIB) About to Get Active 5 Token Unlocks to Watch Next Week Binance scoops up $596K ONDO, but bearish sentiment remains: What now? DOGE Price Prediction for November 24 Trader Says Avalanche (AVAX) Setting Up for Massive Rally, Updates Outlook on Dogecoin (DOGE) Romania is using blockchain to count presidential electoral votes today Cardano (ADA) Rockets 211% in Price: What's on Horizon? Aave climbs over 24% in a month: Can it reach $200 soon? AI predicts Stellar Lumens (XLM) price for year-end Shytoshi Kusama Cites 'World of Statistics' to Prove Shiba Inu (SHIB) Supremacy Cardano or Algorand? We asked AI which crypto is a better buy for 2025 New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why XRP Surges to $1.63 Year-To-Date High, But Shorts Stay Resilient Bitcoin’s Epic Rise Panics the Owner of the Largest Gold ETF – He Talks About BTC Elon Musk Reacts to Jim Cramer 'Causing' Bitcoin (BTC) Price Reversal Bitcoin Remains Below The Psychological Price Barrier Of $100,000 Will TIA and FIL Coins Surge Soon? XRP Failed Skyrocketing: $2 Ready? BitMEX Founder Arthur Hayes Reveals Bitcoin and Dogecoin Price Prediction for 2025 Cardano Crosses $1: What’s Driving ADA’s Growth? Stellar Surges in Daily Transactions, Jed McCaleb Highlights its Potential Bitcoin 'spoofing' drives BTC price to $97.4K amid record profit-taking Survival of the healthiest: How to create a successful crypto | Opinion $DEGEN Becomes Most-Searched Crypto of the Week, $PORTAL Follows Closely The gaming lesson from Off The Grid and Telegram? Put blockchain in the background Dogecoin Eyes $0.8 While These 2 Altcoins Are Tipped to Surpass DOGE Crypto Whale “dimethyltryptamine.eth” Makes Strategic Shift Can Ethereum Price Break $10K? Bullish Momentum Suggests Potential WIF Shakes Off Setbacks As Bullish Resurgence Targets More Gains AI, Blockchain Integration Can Boost Trust, Prevent Misuse, Expert Says Shiba Inu price prediction: here’s why SHIB is about to fly Here’s how to make money from stocks as market cap swings get ‘wild’ $70 Billion Bitcoin (BTC) OI Surge or $100,000? Who's First? ? Stellar (XLM) Tops Shiba Inu (SHIB) by Market Cap State Street flags Bitcoin rally as a threat to gold’s safe-haven appeal Uquid Revolutionizes Web3 Shopping with Stablecoin-Powered Payments XLM Rally Continues With 485% Monthly Surge, BTC Cools Off to $98K (Weekend Watch) Here’s why the Polkadot and Kusama prices are soaring XRP Secures Golden Cross Against Bitcoin, What's Next? Ripple Price Analysis: Can XRP Skyrocket to $2 by the Year’s End? Bitcoin Privacy At Risk? Could CARF Regulations Signal ChokePoint 3.0? Cameron Winkelvoss Calls for Inquiry Into SBF’s $100M Campaign Finance Breaches Bless: a DePIN airdrop similar to Grass that allows you to obtain free crypto 2 Key Catalysts Poised to Push Solana (SOL) to a New All-Time High Aptos TVL hits ATH as APT targets 69% surge to $24 – Can it happen? Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital Meme Coin Showdown: Token Mill vs. Pump.fun in the Battle for Meme Coin Supremacy Mapping’s NEAR’s next price target as it breaks THIS pattern Fantom surges 20% in 24 hours: Next key levels for FTM Cardano Price Prediction: Will ADA Hit $2 First or XRP? Former Gains 50% Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership Dogecoin’s Bullish Momentum: Can DOGE Smash $0.6533 and Soar Past $1.25? Tether’s Powerful Ally: Cantor Fitzgerald’s 5% Stake Revealed as Lutnick Prepares for Commerce Secretary Role Avalanche Soars 20% In 24 Hours – Analyst Reveals Next Price Target Celestia ($TIA): A Hidden Gem Primed for Breakout NEAR Protocol Achieves $244M TVL Milestone, Suggesting Potential for Continued Bullish Momentum Crypto Trader Records $2.5M Profit With This Token, Here's All XRP Price Prediction For 24 November Cardano Whales Holding $10M ADA Grow Positions by 420%, Time to Buy? Is Bitcoin Going to Crash After Hitting $100K? Ethereum Targets $4811 as Hidden Bullish Patterns Signal More Gains Ahead Shiba Inu Is Forming A Bullish Flag, Time To Buy The Meme Coin? Is A Rally To $10 Imminent For Near Protocol (NEAR)? Binance Records $8.73B Asset Inflow over the Month as Total Assets Touch $154.9B Peter Brandt Warns of Potential Bitcoin Selloff, With a Key Condition