Cardano (ADA) has been making headlines recently, with its price action sparking discussions about its potential to reach a new...
has been making headlines recently, with its price action sparking discussions about its potential to reach a new milestone by mid-2025. With both technical and on-chain metrics flashing mixed signals, this ambitious target has captivated investors and analysts alike.Cardano,
Such a move is often a sign of strong bullish momentum in the short term, with buyers firmly in control. Meanwhile, the MACD indicator flashed a positive trend, with its line ascending steadily while reinforcing the prevailing bullish sentiment. However, sustained momentum will be necessary to overcome the looming resistance level.At the time of writing, on-chain activity painted a compelling picture of Cardano’s potential growth.Also, over the past month, 30-day active addresses hit a notable figure of 637,000, underscoring consistent user engagement.
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