Cardano Price Prediction: ADA Drops To $0.2625 as Tariff Shock Offsets Grayscale Boost
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Cardano's price tests critical support at $0.2625 after a 3.35% drop, influenced by President Trump's global tariff hike to 15%. Grayscale increases ADA's allocation in its Smart Contract Fund to 20.34%, indicating institutional confidence despite bearish market conditions.
- Cardano tests $0.2625 as Grayscale increases ADA allocation to 20.34% in Smart Contract Fund, up from 18.5% in January.
- Trump announces global tariff hike to 15% from 10% effective immediately, pressuring risk assets including crypto.
- Price breaks below 0.236 Fibonacci level at $0.2682 with RSI at 38.71, approaching oversold territory.
Cardano price today trades near $0.2625, down 3.35% in the past 24 hours as the token tests critical Fibonacci support following President Trump’s announcement of a global tariff increase. The move comes as Grayscale raised Cardano’s share in its Smart Contract Fund to 20.34%, signaling institutional confidence despite retail selling pressure.
Grayscale Boosts Cardano Allocation To 20.34%
Despite the bearish price action, Grayscale has increased Cardano’s share in its Smart Contract Fund to 20.34%, up from approximately 18.5% in J…
Read The Full Article Cardano Price Prediction: ADA Drops To $0.2625 as Tariff Shock Offsets Grayscale Boost On Coin Edition.
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Cardano Price Prediction: ADA Drops To $0.2625 as Tariff Shock Offsets Grayscale Boost
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Cardano's price tests critical support at $0.2625 after a 3.35% drop, influenced by President Trump's global tariff hike to 15%. Grayscale increases ADA's allocation in its Smart Contract Fund to 20.34%, indicating institutional confidence despite bearish market conditions.
- Cardano tests $0.2625 as Grayscale increases ADA allocation to 20.34% in Smart Contract Fund, up from 18.5% in January.
- Trump announces global tariff hike to 15% from 10% effective immediately, pressuring risk assets including crypto.
- Price breaks below 0.236 Fibonacci level at $0.2682 with RSI at 38.71, approaching oversold territory.
Cardano price today trades near $0.2625, down 3.35% in the past 24 hours as the token tests critical Fibonacci support following President Trump’s announcement of a global tariff increase. The move comes as Grayscale raised Cardano’s share in its Smart Contract Fund to 20.34%, signaling institutional confidence despite retail selling pressure.
Grayscale Boosts Cardano Allocation To 20.34%
Despite the bearish price action, Grayscale has increased Cardano’s share in its Smart Contract Fund to 20.34%, up from approximately 18.5% in J…
Read The Full Article Cardano Price Prediction: ADA Drops To $0.2625 as Tariff Shock Offsets Grayscale Boost On Coin Edition.
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Bitcoin Price Prediction: BTC Struggles at $66K — Is $60K Back in Play?