Cardano

Cryptocurrency

Solana

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 <p class="paragraph">Even though Cardano (ADA) has been keeping up with the generally bearish sentiment in the wider cryptocurrency sector, <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> shows that the currently ninth-largest digital asset by market capitalization could, at the same time, be gearing up for a <a rel="noopener noreferrer nofollow" title="massive" href="https://thebittimes.com/tag/massive.html">massive</a> move in the near future.</p>
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 <p class="paragraph">Indeed, according to the renowned pseudonymous cryptocurrency analyst <em>CoinsKid,</em> “Cardano could be gearing up for a MASSIVE move to $0.7497 and $1.80 eventually,” which represent two “key areas of untapped resistance,” as the expert explained in an X post published on November 21.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/i7WUwLyp3oTif_7leaHoTfnKix2wvoykskvcPuLBJXc5lxqUhv18G56uGK5tR67wJopuGnVrzm7jNlBS16z1gQhYmGRy7LHjKdWAwxSMp7Fkrjw5AwSrRl9JSVN81xJcSIQH6taP1J8UJIwlORt9h9I" alt>
  <figcaption class="wp-element-caption"><em>Areas Cardano is gearing up for. Source: </em><em>TradingView</em>
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 <h2 class="wp-block-heading" id="h-cardano-price-analysis">Cardano price analysis</h2>
 <p class="paragraph">At press time, Cardano was changing hands at the <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of $0.3788, which represents a decline of 3.04% in the last 24 hours while still holding onto the gain of 5.97% across the previous week and the more significant advance of 47.39% on its monthly chart, according to the data on November 21.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/GRLY0AAYXexhAqoqBjkvO5WNZkf0mMgMFZ1HVlLDvhaqTeopU0cFRtx1Ma0ptYVvOjycdNPTysRIshASqCKY8aJeG6I9nzYcuRLSu65Da11Cok_F0ZVXrQIu8BjcZl6geLDqMKm5Mt05ix6S8y51MKg" alt>
  <figcaption class="wp-element-caption"><em>Cardano 30-day price chart. Source: </em><em>Finbold</em>
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 <p class="paragraph">It is also important to note that crypto expert Ali Martinez noticed that Cardano’s current consolidation trend eerily resembled that of the 2018-2022 phase, meaning that the asset could break through the $0.45 resistance soon and proceed toward $0.75 by the end of December.</p>
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 <p class="paragraph">All things considered, if things play out the way the crypto trading analyst expects them to, Cardano could, indeed, increase its <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> by 97.92% from its current amount to the suggested $0.7497, and then eventually by 375.19% to $1.80, which are the levels this crypto asset has not witnessed since 2022.</p>
 <p class="paragraph">In fact, its chances are all the stronger considering the intensified efforts of Cardano’s development team at Input Output Global (IOG), headed by founder Charles Hoskinson, on moving the network toward full-blown decentralization, as Hoskinson recently revealed.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/cardano-gears-up-for-a-massive-move-to-this-price-tbt71087.html">https://thebittimes.com/cardano-gears-up-for-a-massive-move-to-this-price-tbt71087.html</a></p>

Cardano gears up for a massive move to this price

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