ADA could see a big spike after April
Ali, a technology and on-chain analyst, said on the X platform that the recent rise in trading volume in Cardano (ADA) suggests that a period of consolidation is underway, which could lead to further bullish rallies. This observation mirrors the trend in market activity towards the end of 2020, which means that ADA could see a significant spike after April 2024 if the same pattern is observed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
In the past 24 hours, the cryptocurrency market saw liquidations totaling $522 million.
Billionaire Bill Miller IV predicts bitcoin will reach a new all-time high