{"id":143436,"date":"2024-11-27T21:00:43","date_gmt":"2024-11-27T19:00:43","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143436"},"modified":"2024-11-27T17:25:19","modified_gmt":"2024-11-27T15:25:19","slug":"cardano-whales-on-buying-spree-whats-next-for-ada","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/cardano-whales-on-buying-spree-whats-next-for-ada\/","title":{"rendered":"Cardano Whales on Buying Spree &#8211; What&#8217;s Next for ADA?"},"content":{"rendered":"<p>On-chain data reveals that after a brief dip below $1, over 130 million <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/cardano\/\">ADA<\/a> <\/strong>were scooped up by large holders, signaling confidence in the coin\u2019s potential. This accumulation has driven whale holdings to an impressive 3.2 billion ADA, a move often seen before notable price surges.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Cardano<\/a> whales bought over 130 million <a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$ADA<\/a> during the recent price dip! <a href=\"https:\/\/t.co\/VHg93o3WP5\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/VHg93o3WP5<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1861696777155494347?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">November 27, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The recent rally has lifted ADA out of a lengthy consolidation phase, fueled by broader market momentum and speculation that Cardano founder Charles Hoskinson may play a role in shaping crypto-friendly regulations under a future Trump administration. Such developments have helped reinforce optimism around ADA\u2019s long-term prospects.<\/p>\n<p>Looking ahead, technical indicators suggest ADA must clear a descending trendline on its four-hour chart to confirm a trend reversal, according to trading analyst <strong><a href=\"https:\/\/x.com\/Av_Sebastian\/status\/1861647886703845680\" target=\"_blank\" rel=\"nofollow\">Sssebu<\/a><\/strong>. Breaking above the $1 psychological barrier is seen as crucial for reigniting bullish momentum, with the next target set at $1.25. However, key support levels at $0.75 and $0.65 remain critical in case of further corrections.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/this-solana-based-memecoin-could-skyrocket-analyst-predicts\/\" title=\"This Solana-Based Memecoin Could Skyrocket, Analyst Predicts\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/green-chart-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">This Solana-Based Memecoin Could Skyrocket, Analyst Predicts<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Crypto analyst Ali Martinez predicts that ADA breaching the $1 resistance could kick off a substantial rally, with a potential peak of $6 by September 2025. Meanwhile, the Cardano network continues to advance its ecosystem, recently celebrating the deployment of its first zero-knowledge (ZK) smart contract on the mainnet. Using Halo 2 technology, the milestone transaction validated funds in a secure and private manner, paving the way for further innovations in scalability and privacy on the blockchain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano (ADA) is drawing attention as it pushes past the $1 threshold, buoyed by significant interest from whale investors.<\/p>\n","protected":false},"author":3,"featured_media":37468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-143436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cardano Whales on Buying Spree - What&#039;s Next for ADA?<\/title>\n<meta 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