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Cardano Maintains Upward Trend

25 Apr 2025by CryptoJazz Admin1 min read44 views
Cardano Maintains Upward Trend

πŸŒ€Amid a 15% price increase over the past week, Cardano (ADA) is showing signs of a sustained bullish trend. The ADX index remains above 30, indicating ongoing momentum, though slightly weaker compared to the previous day. Overall, the technical outlook remains positive: short-term moving averages are positioned above long-term ones, confirming growth potential.

πŸŒ€An additional bullish signal comes from large holders β€” the number of wallets holding between 1 and 10 million ADA has slightly increased. This may indicate growing interest from β€œwhales” and reinforce expectations of a breakout above the $0.709 level, which could pave the way toward $0.77.

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