Cardano

<ul><li>ADA has shown a bullish bias with a 3.58% surge in the last 24 hours.</li><li>The 20-day EMA has crossed above the 50-day SMA, indicating bullish control.</li><li>Cardano&#39;s rallies above $0.2500, signaling an upward momentum in the market.</li></ul>Cardano ADA, a leading cryptocurrency, is currently teetering on the brink of a significant price shift, as per its weekly timeframe chart analysis. <a href="https://cryptotale.org/crypto-expert-forecasts-cardanos-ada-price-soaring-to-10-in-2-years/" rel="noopener noreferrer nofollow">Experts</a> and traders alike have noticed that this chart&#39;s support and resistance trendlines are gradually closing in on each other. This convergence usually serves as a precursor to substantial price movements in either an upward or downward direction.Crypto analysts and educators known on Twitter as CryptoBusy shared a post providing insights on the current performance of ADA:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/fb9e493bdf8647e2a4ada3a788731cd4.png" />Cardano price analysis for today shows a bullish bias, with ADA  price rising above the $0.2500 level. At the time of writing, ADA is trading at $<a href="https://coinmarketcap.com/currencies/cardano/" rel="noopener noreferrer nofollow">0.2558</a>, with a 24-hour surge of 0.68%. The market opened today&#39;s trading section with a green candle, and the price has been rising steadily since then and touched an intraday high of $0.2560. This recent price surge aligns well with the general upward trend observed on ADA&#39;s weekly chart, which has gained more than 3.88% over the past week.The circulating supply of Cardano is currently at 35,108,248,128. The market capitalization has seen a slight increase over the past 24 hours and currently stands at $8.96 Billion, making it stand at number 7 according to the market cap. Additionally, the trading volume of the cryptocurrency has increased slightly in the past 24 hours, as it currently stands at $124 million, with a surge of 40%Read full article at <a href="https://cryptotale.org/cardano-ada-primed-for-significant-price-shift-on-weekly-chart/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Cardano ADA Primed for Significant Price Shift on Weekly Chart

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