ADA, the original cards of Cardano Blockchain, looks up and prepares for a large equipment after Donald Trump’s recent announcement. The recent Crypto strategic declaration has feed the broader encrypted currency market, especially ADA, which led to 70 % elementary side strength.
Technical Analysis Cardano (ADA) and upcoming levels
This important price gathering led to the outbreak of the up -to -a -toy price of ADA on the weekly time frame.
According to expert technical analysis, ADA exploded of the upscale work pattern and the pole price style on the weekly timetable. This style began to be formed in December 2024, while moving the price in the downward direction since then. However, this bullish pattern has violated by 70 % today, paving the way for a possible 90 % upward up.
Based on the latest procedures for prices and historical momentum, then Lead It closes a weekly candle higher than $ 1.05, there is a strong possibility that 90 % rise to reach a brand of $ 1.90 in the future.
The current ADA price momentum
After this outstanding price increase, ADA moved again over the SIA moving average (EMA) on the daily time frame, indicating that the original is now turning into a bullish direction.
ADA is currently trading near $ 1.05 and more than 70 % has increased over the past 24 hours. However, a large part of this gathering happened during the past 120 minutes. During the same period, the asset trading volume jumped by 800 %, indicating an increase in participation of merchants and investors after the ADA inserted into the Crypto strategic reserve.
