Cardano Price Prediction: Can ADA Hold the 50-Day EMA After Adding 15,000 Wallets in Two Weeks?
Share:
Cardano added 14,783 non-empty wallets since the June 23 bottom, lifting ADA about 35% from late-June lows to trade near $0.1794 on July 7 while testing the 50-day EMA at $0.1858. Back-to-back large exchange supply removals on July 6–7 and a Supertrend (10,3) at $0.1536 bolster adoption and reduce CEX sell pressure, but the brief failure to hold the EMA is the immediate technical test for continued crypto upside.
Predictions Markets
See what traders are focused on
- ADA has added 14,783 non-empty wallets since the June 23 bottom, surpassing pre-SecondFi exploit holder counts
- Price is up 35% from its late June lows and fighting to hold the 50-day EMA at $0.1858
- The two largest ADA exchange supply removal days since June 23 came back-to-back on July 6 and 7
Cardano trades at $0.1794 on July 7, down 2.50% as price pulls back after touching $0.1858 on the 50-day EMA, a level that briefly gave way and is now the key zone bulls need to reclaim.
Is ADA’s 35% Rally Running Into Its First Real Test?
The daily chart shows ADA inside a recovery that has taken price from a low near $0.1400 back toward the 50-day EMA at $0.1858, with price now sitting just below it after a brief push above. The Supertrend (10,3) at $0.1536 remains well below spot, confirming the short-term uptrend structu…
Read The Full Article Cardano Price Prediction: Can ADA Hold the 50-Day EMA After Adding 15,000 Wallets in Two Weeks? On Coin Edition.
Read More
Litecoin (LTC) Price Prediction 2026-2030: Will LTC Hit $80 Soon?
