Brace for strong Cardano (ADA) surge; Here’s why
Cardano (ADA) has a strong and historical bullish signal in its weekly chart during a strong momentum for all cryptocurrencies. This could ignite a massive surge for one of the most popular layer-1 blockchains in the cryptocurrency market. Notably, Cardano confirmed a breakout of the 50-week exponential moving average (EMA) in the week starting on December 4, 2023. By then, ADA went from $0.4 to $0.6 per token, similar to the May 25, 2020 action. Previously, ADA broke from the 50-week EMA, moving from $0.05 to $0.07 in seven days. After that, the token traded above the indicator for a 5,580% uptrend to the $3 level in August 2021. Picked for you Pepe returns from the dead rockets 180% in a week 3 hours ago Bybit integrates TradingView facilitating trades with new charting capabilities 3 hours ago Ripple to unlock 1 billion XRP on March 1; What’s next? 3 hours ago TRON network skyrockets to 100 million addresses, dwarfing Cardano and Avalanche 4 hour...