While the past week wasn’t kind to Bitcoin at 0 and Ethereum at 1 the usual cryptos stumbled hard but Cardano’s ADA broke the curse with a double digit price jump 🖤
Market watchers are now fixated on it some whispering the rally is only awakening 🌙
Spooky Price Targets Ahead 🦇
ADA suffered deep in the bear market trenches and dipped briefly under 0.14 in June the lowest since 2020 yet last weekend sparked a sudden revival with whales snapping up over 240 million tokens in days 🕸️
The climb kept going and right now Cardano’s token sits near 0.193 for a 20 percent gain over seven days one X user spotted eerie echoes from 2020 to 2021 that led to an explosion so they floated a 2.90 goal 🕯️
Sssebi pointed out ADA is nearing the 20 week moving average after heavy oversold conditions and noted past setups like this sparked big pumps while CW spotted it testing major resistance at 0.2305 where a clean break might end the long downtrend 🌹
Traders Slipping Back In 🐈⬛
Santiment shared that ADA’s surge happened while non empty Cardano wallets actually dropped suggesting the price lifted without sidelined holders fully returning yet the rising price with falling holders can mean stronger buyers absorbing supply and retail confidence has not fully followed the move yet
Just hours ago Martinez revealed futures volume exploded 380 percent from 150 million to 650 million in one week a clear signal of surging participation that often brings short term volatility 🌙
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Just another echo from the void by iconofsin.eth 💖
