* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, May 10, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    SXSW Rom-Com ‘I Really Love My Husband’ Acquired for U.S. Release – Variety

    Heartfelt Romance: ‘I Really Love My Husband’ Set to Captivate U.S. Audiences!

    Georgia Entertainment CEO says large-scale production is slowing down – Decaturish

    Georgia Entertainment CEO Warns of Slowdown in Large-Scale Productions

    Zugalu Entertainment Welcomes Crimson Herring Studios to Its Family!

    Fall 2025 TV Schedule: Your Guide to the Complete Lineup – Wyoming News Now

    Get Ready for Fall 2025: Your Ultimate Guide to the Exciting TV Lineup!

    Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

    Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

    The viral wireless audio dongle for in-flight entertainment just got a big upgrade – and I love it – ZDNET

    Game-Changer for In-Flight Entertainment: The Upgraded Wireless Audio Dongle You’ll Love!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Artificial intelligence (AI) – The Guardian

    Unlocking the Future: How Artificial Intelligence is Transforming Our World

    Technology Innovation to Take Center Stage at The 2025 National Restaurant Association Show – Restaurant Technology News

    Get Ready for a Tech Revolution: The 2025 National Restaurant Association Show Unveils Cutting-Edge Innovations!

    Newmont signs deal to use Chrysos Corporation technology – Capital Brief

    Newmont Partners with Chrysos Corporation to Revolutionize Mining Technology

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Technology is the key to empathy in insurance – InsuranceNewsNet

    Unlocking Empathy: How Technology is Transforming the Insurance Experience

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    SXSW Rom-Com ‘I Really Love My Husband’ Acquired for U.S. Release – Variety

    Heartfelt Romance: ‘I Really Love My Husband’ Set to Captivate U.S. Audiences!

    Georgia Entertainment CEO says large-scale production is slowing down – Decaturish

    Georgia Entertainment CEO Warns of Slowdown in Large-Scale Productions

    Zugalu Entertainment Welcomes Crimson Herring Studios to Its Family!

    Fall 2025 TV Schedule: Your Guide to the Complete Lineup – Wyoming News Now

    Get Ready for Fall 2025: Your Ultimate Guide to the Exciting TV Lineup!

    Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

    Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

    The viral wireless audio dongle for in-flight entertainment just got a big upgrade – and I love it – ZDNET

    Game-Changer for In-Flight Entertainment: The Upgraded Wireless Audio Dongle You’ll Love!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Artificial intelligence (AI) – The Guardian

    Unlocking the Future: How Artificial Intelligence is Transforming Our World

    Technology Innovation to Take Center Stage at The 2025 National Restaurant Association Show – Restaurant Technology News

    Get Ready for a Tech Revolution: The 2025 National Restaurant Association Show Unveils Cutting-Edge Innovations!

    Newmont signs deal to use Chrysos Corporation technology – Capital Brief

    Newmont Partners with Chrysos Corporation to Revolutionize Mining Technology

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Technology is the key to empathy in insurance – InsuranceNewsNet

    Unlocking Empathy: How Technology is Transforming the Insurance Experience

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Cardano’s Weekly Large Transactions Decline ! What’s Next For ADA Price?

January 10, 2024
in Business
Cardano’s Weekly Large Transactions Decline ! What’s Next For ADA Price?
Share on FacebookShare on Twitter

The price of Cardano has remained in a bearish zone, struggling to attract buying interest despite a generally bullish trend in the overall market. This lack of buying demand has triggered large investors, commonly referred to as ‘whales,’ to exit, a trend highlighted by recent on-chain data. This could lead to reduced volatility in ADA’s price and might even invite increased selling pressure, particularly near its resistance levels.    

Whales Lose Interest In ADA Price

Unexpectedly, bulls found themselves in a challenging position with Cardano (ADA). Data from Coinglass revealed that the ADA price initiated a substantial amount of liquidation, totaling over $1.2 million. Notably, bullish traders faced a significant impact, with nearly $930K worth of their long positions being liquidated, strengthening the resistance level at $0.55.

Cardano’s inability to follow the rising bullish trend in the market and the impressive performance by other emerging altcoins has led to a declining interest among major investors, or ‘whales’. Recent data from IntoTheBlock highlights a notable decrease in large transaction volumes.

Since December, there’s been a sharp decline, with the metric falling from a weekly high of $153 billion on December 11 to just $15.8 billion by January 8, a 90% reduction. This trend suggests a declining likelihood of any significant price movements for Cardano in the coming days.

However, the recent decline in the MVRV ratio (Market Value to Realized Value) presents a strong buying opportunity for Cardano. Currently, the MVRV for ADA is at 0.92, indicating that its price is lower than its realized value, which implies undervaluation and a potential for investment. A ratio below 1 indicates that the realized capitalization, or the price at which each ADA was last transacted between wallets, exceeds the market value.

What’s Next For ADA Price?

The bears halted Cardano’s recovery near the 50-day Exponential Moving Average (EMA) valued at $0.56, and intensified their selling pressure. Bears have successfully sent the price near EMA20; however, buyers hold confidence by defending the $0.48 support line. As of writing, ADA price trades at $0.507, declining over 0.7% from yesterday’s rate.

Bears are currently dominating as there’s an intense selling pressure above moving averages. The RSI is currently trading below the midline, suggesting an advantage for sellers. The bulls are attempting to initiate a rally starting from $0.56, but they might encounter robust selling at the 50-day EMA.

Should the price descend from its current level, it might test buyers’ patience at $0.48. A drop below that level might trigger another wave of long-liquidation. To avoid this decline, bulls need to quickly send the price above EMA50. Successfully doing so could lead the price gaining its pre-crash consolidation at around $0.64.

. 

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/price-analysis/cardanos-weekly-large-transactions-decline-whats-next-for-ada-price/

Tags: businessCardano’sWeekly
Previous Post

Hacked SEC Twitter Account Causes Bitcoin Price Plunge

Next Post

El Salvador’s Bitcoin Investment Nets $12.6 Million in Profits

What’s in your backyard? Public invited to test soil samples for toxics – Department of Ecology – State of Washington (.gov)

Discover What’s Lurking in Your Backyard: Join Us for a Soil Testing Event!

May 10, 2025
Scientists develop next-gen energy storage technologies that enable high power and capacity simultaneously – Tech Xplore

Revolutionary Energy Storage Technologies Set to Transform Power and Capacity!

May 10, 2025
Psychic Medium explores afterlife through science and psychic insight – MSN

Unlocking the Afterlife: A Psychic Medium’s Journey Through Science and Spiritual Insight

May 10, 2025

Unhealthy Habits May Accelerate Heart Aging: What You Need to Know!

May 10, 2025
Trump ramps up plans for 2026 World Cup amid friction with neighbors: ‘Tensions are a good thing’ – Politico

Trump Intensifies 2026 World Cup Ambitions Despite Neighborly Tensions: ‘Conflict Can Be Beneficial

May 10, 2025
The NSF Is Being Dismantled — With Broad Implications For The American Economy – Forbes

Unraveling the NSF: What Its Dismantling Means for the Future of the American Economy

May 10, 2025
SXSW Rom-Com ‘I Really Love My Husband’ Acquired for U.S. Release – Variety

Heartfelt Romance: ‘I Really Love My Husband’ Set to Captivate U.S. Audiences!

May 10, 2025
New committee launches for female health and safety – IAFF

New committee launches for female health and safety – IAFF

May 9, 2025
How smart people fall for conspiracy theories – CNN

Unraveling the Paradox: Why Intelligent Minds Are Drawn to Conspiracy Theories

May 9, 2025
Artificial intelligence (AI) – The Guardian

Unlocking the Future: How Artificial Intelligence is Transforming Our World

May 9, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (596)
  • Economy (607)
  • Entertainment (21,520)
  • General (15,210)
  • Health (9,649)
  • Lifestyle (612)
  • News (22,149)
  • People (610)
  • Politics (614)
  • Science (15,829)
  • Sports (21,117)
  • Technology (15,597)
  • World (597)

Recent News

What’s in your backyard? Public invited to test soil samples for toxics – Department of Ecology – State of Washington (.gov)

Discover What’s Lurking in Your Backyard: Join Us for a Soil Testing Event!

May 10, 2025
Scientists develop next-gen energy storage technologies that enable high power and capacity simultaneously – Tech Xplore

Revolutionary Energy Storage Technologies Set to Transform Power and Capacity!

May 10, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version