Analyst Ali Martinez compared Cardano’s (ADA) current chart to its 2021 breakout, arguing that the token may be entering the early stages of a bull run. In 2021, ADA surged from under $1 to an all-time high of $3.10 within months. Martinez said today’s consolidation resembles that pattern, suggesting ADA could attempt a similar rally […] The post Cardano (ADA) Rally Echoes 2021 Cycle — Analysts See Early Stages of Bull Run appeared first on CoinChapter.Analyst Ali Martinez compared Cardano’s (ADA) current chart to its 2021 breakout, arguing that the token may be entering the early stages of a bull run. In 2021, ADA surged from under $1 to an all-time high of $3.10 within months. Martinez said today’s consolidation resembles that pattern, suggesting ADA could attempt a similar rally […] The post Cardano (ADA) Rally Echoes 2021 Cycle — Analysts See Early Stages of Bull Run appeared first on CoinChapter.
Cardano (ADA) Rally Echoes 2021 Cycle — Analysts See Early Stages of Bull Run
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
Analyst Ali Martinez compared Cardano’s (ADA) current chart to its 2021 breakout, arguing that the token may be entering the early stages of a bull run. In 2021, ADA surged from under $1 to an all-time high of $3.10 within months. Martinez said today’s consolidation resembles that pattern, suggesting ADA could attempt a similar rally […]
The post Cardano (ADA) Rally Echoes 2021 Cycle — Analysts See Early Stages of Bull Run appeared first on CoinChapter.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Colombians can soon save in stablecoins with new MoneyGram App
Colombians will soon be able to receive and store USDC through MoneyGram’s new crypto app, which is launching soon in app stores. MoneyGram’s digital payments app is set to launch in Colombia, offering locals a way to save in US dollar stablecoins as the Colombian peso continues to weaken.MoneyGram’s crypto service is powered by the Stellar network and leverages Crossmint for self-custody, enabling users to store the USDC (USDC) stablecoin and transfer it overseas nearly instantly. In a statement on Wednesday, MoneyGram said Colombia is the “ideal launch market” as Colombian families receive more than 22 times the money they send abroad.Read more
Share
Coinstats2025/09/18 10:15
MYX Finance price surges again as funding rate points to a crash
MYX Finance price went parabolic again as the recent short-squeeze resumed. However, the formation of a double-top pattern and the funding rate point to an eventual crash in the coming days. MYX Finance (MYX) came in the spotlight earlier this…
Share
Crypto.news2025/09/18 02:57
Cryptos Signal Divergence Ahead of Fed Rate Decision
The post Cryptos Signal Divergence Ahead of Fed Rate Decision appeared on BitcoinEthereumNews.com. Crypto assets send conflicting signals ahead of the Federal Reserve’s September rate decision. On-chain data reveals a clear decrease in Bitcoin and Ethereum flowing into centralized exchanges, but a sharp increase in altcoin inflows. The findings come from a Tuesday report by CryptoQuant, an on-chain data platform. The firm’s data shows a stark divergence in coin volume, which has been observed in movements onto centralized exchanges over the past few weeks. Bitcoin and Ethereum Inflows Drop to Multi-Month Lows Sponsored Sponsored Bitcoin has seen a dramatic drop in exchange inflows, with the 7-day moving average plummeting to 25,000 BTC, its lowest level in over a year. The average deposit per transaction has fallen to 0.57 BTC as of September. This suggests that smaller retail investors, rather than large-scale whales, are responsible for the recent cash-outs. Ethereum is showing a similar trend, with its daily exchange inflows decreasing to a two-month low. CryptoQuant reported that the 7-day moving average for ETH deposits on exchanges is around 783,000 ETH, the lowest in two months. Other Altcoins See Renewed Selling Pressure In contrast, other altcoin deposit activity on exchanges has surged. The number of altcoin deposit transactions on centralized exchanges was quite steady in May and June of this year, maintaining a 7-day moving average of about 20,000 to 30,000. Recently, however, that figure has jumped to 55,000 transactions. Altcoins: Exchange Inflow Transaction Count. Source: CryptoQuant CryptoQuant projects that altcoins, given their increased inflow activity, could face relatively higher selling pressure compared to BTC and ETH. Meanwhile, the balance of stablecoins on exchanges—a key indicator of potential buying pressure—has increased significantly. The report notes that the exchange USDT balance, around $273 million in April, grew to $379 million by August 31, marking a new yearly high. CryptoQuant interprets this surge as a reflection of…
Share
BitcoinEthereumNews2025/09/18 01:01
