Cardano

Bitcoin

when

Coin

<ul class="news-points"> 
 <li>Despite current lows, ADA mirrors Ethereum’s past trajectory amidst Bitcoin’s bull market doors.</li> 
 <li>Analyst Gambardello compares ADA to ETH, highlighting DeFi’s emergence and foundational development after bear markets.</li> 
 <li>ADA’s 78% dip from its peak echoes Ethereum’s history, suggesting a potential recovery and surpassing key resistance.</li> 
</ul> 
<a href="https://coinedition.com/tag/cardano-ada/">Cardano (ADA)</a>, the eighth-largest cryptocurrency in terms of market cap has experienced a <a href="https://coinmarketcap.com/currencies/cardano/" target="_blank" rel="nofollow">recent</a> price surge but currently trades below the levels seen during the previous bull run during March-April 2021. This situation has raised <a href="https://twitter.com/TheInvestronaut/status/1763275597122269521" target="_blank" rel="nofollow">concerns</a> among investors who are comparing ADA’s performance to the recently renewed bullish momentum of Bitcoin (BTC). 
In the previous bull run when Bitcoin reached a peak of $60,000, ADA traded concurrently above $1. While Bitcoin has surpassed $60,000, ADA hovers around 65 cents as per CoinMarketCap.&nbsp; 
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 CARDANO Bull Indicator Almost ACTIVATED! (Truth Behind ADA Price!) Intro 00:00 Cardano price concern 00:50 Is Cardano price lagging this cycle? 1:30 Ethereum offers helpful context 2:30 Cardano is within a normal move 8:00 Cardano bull indicator almost triggered! 9:25 <a href="https://t.co/8tRlwEj8AO" target="_blank" rel="nofollow">pic.twitter.com/8tRlwEj8AO</a>— Dan Gamba…
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The post <a href="https://coinedition.com/cardano-ada-price-performance-raises-questions-amidst-renewed-bitcoin-bull-run/">Cardano (ADA) Price Performance Raises Questions Amidst Renewed Bitcoin Bull Run</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Cardano (ADA) Price Performance Raises Questions Amidst Renewed Bitcoin Bull Run

Coin Edition

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