Token

Cardano

Avalanche

Coin

<ul class="news-points"> 
 <li>ADA mirrors 2018-20 trends, hinting at potential breakout amid market catalysts.</li> 
 <li>AVAX faces a downturn but garners institutional interest despite token burn concerns.</li> 
 <li>Cardano poised for post-Bitcoin halving surge, with predictions hitting $2.5-$5 range</li> 
</ul> 
<a href="https://coinedition.com/cardano-ada-price-prediction/">Cardano’s current market</a> performance is drawing attention due to its price fluctuations reminiscent of the 2018–2020 period. Currently trading at $0.4977, a 3.24% decline from the intra-day high, Cardano’s price has been oscillating, echoing past consolidation trends.&nbsp; During the downturn, ADA’s market capitalization dipped by 3.59% to $17,537,826,651, while its 24-hour trading volume dipped by 13.74% to $664,408,805. 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/Bxw20tp74_47L7x_3oXAtq32MBd4spmCR_QeEogygeWuv4dCcXwwdr299_3tfmT97GPUjwjVxho2JVOf4Dxzos88FDQRrj_AIeMlQVAM3Gwpy3-jMJbvXw2W2y-tKzuzRB83oBPZ8qTAtHYFq8YP4Qc" alt="" style="width: 100%;height:auto">
 <figcaption class="wp-element-caption">
 ADA/USD 24-hour price chart (source: <a href="https://coinstats.app/coins/cardano/" target="_blank" rel="nofollow">CoinStats</a>)
 </figcaption>
 </figure>
</div> 
Market analyst <a href="https://x.com/ali_charts/status/1744508532488065346?s=20" target="_blank" rel="nofollow">observing</a> these patterns suggest that, while Cardano might continue to experience these swings until mid-April 2024, the potential for a significant breakout remains strong. This expectation is buoyed by market catalysts, including the potential impact of a Bitcoin ETF approval by the SEC. 
<h2 class="wp-block-heading" id="h-avalanche-avax-downturn-amidst-token-burns">Avalanche (AVAX) Downturn Amidst Token Burns</h2> 
Simultaneously, Avalanche’s native token, AVAX, has seen a downturn, currently priced at $…
The post <a href="https://coinedition.com/can-cardano-ada-and-avalanche-avax-climb-out-of-the-red-zone/">Can Cardano (ADA) and Avalanche (AVAX) Climb Out of the Red Zone?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Can Cardano (ADA) and Avalanche (AVAX) Climb Out of the Red Zone?

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Coin Edition

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