Cardano Price Prediction: ADA Consolidates as Coinbase Reserves Surge 462%
- Cardano trades between $0.82 and $0.87, with momentum cooling near key resistance.
- On-chain flows flipped positive with $110K net inflows after $22M outflows.
- Coinbase ADA reserves spiked 462% to 9.56M, raising supply and demand questions.
Cardano (CRYPTO: ADA) price today is trading around $0.837, holding steady within a tightening symmetrical triangle on the daily chart. Buyers are attempting to defend the $0.82–$0.80 support range, while resistance remains heavy near $0.85–$0.87, the upper boundary of the short-term formation.
Traders are now watching whether fresh exchange data and rising Coinbase reserves will strengthen the bullish case or signal a potential supply overhang.
Cardano Price Compresses Within Symmetrical Triangle
The daily chart shows ADA moving within a narrowing consolidation structur…
Read The Full Article Cardano Price Prediction: ADA Consolidates as Coinbase Reserves Surge 462% On Coin Edition.
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Cardano Price Prediction: ADA Consolidates as Coinbase Reserves Surge 462%
- Cardano trades between $0.82 and $0.87, with momentum cooling near key resistance.
- On-chain flows flipped positive with $110K net inflows after $22M outflows.
- Coinbase ADA reserves spiked 462% to 9.56M, raising supply and demand questions.
Cardano (CRYPTO: ADA) price today is trading around $0.837, holding steady within a tightening symmetrical triangle on the daily chart. Buyers are attempting to defend the $0.82–$0.80 support range, while resistance remains heavy near $0.85–$0.87, the upper boundary of the short-term formation.
Traders are now watching whether fresh exchange data and rising Coinbase reserves will strengthen the bullish case or signal a potential supply overhang.
Cardano Price Compresses Within Symmetrical Triangle
The daily chart shows ADA moving within a narrowing consolidation structur…
Read The Full Article Cardano Price Prediction: ADA Consolidates as Coinbase Reserves Surge 462% On Coin Edition.
Read More
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