Cardano (ADA) Next Week Update.đŸ”„đŸ”„đŸ”„$

Technical:

ADA is trading in a tight range between $0.58–0.63. The RSI sits near 48, showing indecision. A break above $0.63 would be bullish, but volume remains low.

📎 Source: Trading view

Fundamental:

Cardano continues focusing on long-term projects like Mithril and Midnight. However, whale wallets sold off 170M ADA recently, adding short-term pressure.

📎 Source: Santiment

On-Chain:

Staking addresses are consistent, but daily on-chain volume has declined 15% this week.

📎 Source: Cardano Scan

Summary:

⚖ ADA in consolidation; breakout needed for trend shift.

🐋 Whale selling adds short-term weakness.

#ADA @CZ @Haley Jonson #ada #Cardano #BreakoutTradingStrategy #MuskAmericaParty

ADA
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