The general cryptocurrency market is experiencing a massive potential impulse for the securities and exchanges commission plan (SEC) for consideration and closing all awaiting cases. This update has changed the general market mood, and in all the basic cryptocurrencies there were huge jumps in prices.
Crypto -Kits buy 100 million accelerates ADA
Against the backdrop of this bull prospect of ADA, the native token of the Cardano blockchain, attracts widespread attention from the crypto and anti -articules from the mass accumulation of whales. Today, January 15, 2025, the famous crypto -expert published on X (previously Twitter) that the crypto -acids have accumulated significant 100 million ADA tokens over the past 48 hours.
Over the past 48 hours, whales bought 100 million #cardano $ Ada! pic.twitter.com/5ccxvoiljo
– Ali (@ali_Charts) January 15, 2025
Nevertheless, this is a large -scale accumulation, recent SEC planning for the release of Crypto -Del, not related to which fraud, and Trump’s inauguration is responsible for the ADA rally today.
The current price is impulse
According to CoinmarketCap, today the ADA witnessed the mouth of prices for 7.5% over the past 24 hours and is currently trading at a level of $ 1.065. This huge increase in prices and recent events over the same period attracted significant attention of traders, which led to an increase in the volume of bidding by 76%.
Meanwhile, traders and investors should know about important levels, as well as understand the potential levels that ADA can achieve in the future.
ADA price action and key levels
According to Altcoin’s daily graphics, with an impressive price increase, the ADA reached the decisive level of resistance of the trend line, where it previously indicated a change in prices. Some expect a similar price change, but, looking at the current mood of the market, there is a high probability that this will not happen.
ADA price forecast
In addition, since December 2024, market sentiments have remained vague, and during this period, ADA has formed a scheme for actions at prices in the head and shoulders. Now he stands near the neckline, which, in the visible, is the level of resistance.
Based on the recent price action, if the ADA violates the trend line and closes the daily candle above the horizontal level of $ 1.15, there is a strong probability that it can take off by 40%to reach the level of $ 1.645 in the future.
On the other hand, the ADA (RSI) relative force index is still below the processing zone, which indicates that the asset still has enough space to indicate a huge increase in the pulse.
