Cardano (ADA): After Trump euphoria-analyst sees potential for new price rally despite short-term cooling!

Veröffentlicht:

Von:

Cardano (ADA): Ein Blick auf die Kursentwicklung und zukünftige Perspektiven Anfang März 2023 erlebte die Kryptowährung Cardano (ADA) einen signifikanten Kursanstieg. Der Preis kletterte von 0,66 $ auf einen lokalen Höchststand von 1,14 $, nachdem Donald Trump andeutete, dass die digitale Währung möglicherweise in eine nationale Reserve aufgenommen werden könnte. Aktuell hat sich die Marktstimmung beruhigt, und der ADA-Kurs ist größtenteils gefallen. Trotzdem gibt es laut Analystin Ritika Gupta vielversprechende historische Daten, die auf eine mögliche erneute Kurssteigerung hindeuten. Wiederholung des Kursmusters aus 2024 Die derzeitige Marktstruktur zeigt bemerkenswerte Ähnlichkeiten mit dem Kursverlauf im dritten Quartal 2024, als Cardano auf …
Cardano (ADA): A look at the course development and future perspectives in early March 2023, the Cryptocurrency Cardano (ADA) experienced a significant increase in price. The price climbed from $ 0.66 to a local high of $ 1.14 after Donald Trump indicated that the digital currency could possibly be included in a national reserve. The market mood has currently calmed down and the ada course has largely fallen. Nevertheless, according to analyst Ritika Gupta, there are promising historical data that indicate a possible new increase in the course. Repetition of the course pattern from 2024 The current market structure shows remarkable similarities to the course of the course in the third quarter of 2024 when Cardano ... (Symbolbild/KNAT)

Cardano (ADA): A look at course development and future perspectives

At the beginning of March 2023, the Cardano (ADA) cryptocurrency experienced a significant increase in price. The price climbed from $ 0.66 to a local high of $ 1.14 after Donald Trump indicated that the digital currency could possibly be included in a national reserve.

The market mood has currently calmed down, and the AdA course has largely fallen. Nevertheless, according to analyst Ritika Guppa, there are promising historical data that indicate a possible new increase in course.

Repetition of the course pattern from 2024

The current market structure shows remarkable similarities to the course in the third quarter of 2024 when Cardano rose to a highlight of $ 1.32. In the past few months, Ada has found multiple support in the price range between $ 0.59 and $ 0.70, which led to course return movements. This development indicates strong buying pressure in these areas and thus signals a persistent trust of investors.

Guppa emphasizes that a breakthrough over resistance could pave the way for a new rally at around $ 0.73. If ADA gains value compared to Bitcoin (BTC), it considers a price increase towards $ 2.50, which would mean an increase of about 278 %.

rsi indicates cooling

However, various indicators also show possible signs of slow upward moment. The relative strength index (RSI), which measures whether an asset is overbought or oversold, currently has a downward trend. This indicates that the enthusiasm among investors has decreased somewhat.

A temporary decline towards $ 0.60 therefore appears realistic. Nevertheless, this decline could represent a healthy consolidation period before Cardano is preparing for a new outbreak.

FAZIT

Developments around Cardano could indicate volatile, but also opportunities for the market. Investors should observe the current market signals and support levels in order to be able to make informed decisions.