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