{"id":3691,"date":"2025-04-15T15:39:33","date_gmt":"2025-04-15T14:39:33","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=3691"},"modified":"2025-04-15T15:39:34","modified_gmt":"2025-04-15T14:39:34","slug":"cardano-ada-surging-today-key-drivers","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/cardano-ada-surging-today-key-drivers\/","title":{"rendered":"Why Is Cardano (ADA) Surging Today ? Key Drivers Behind the Rally"},"content":{"rendered":"\n

Cardano Momentum Indicates Upside Potential<\/h2>\n\n\n\n

Cardano<\/strong>, the third-generation blockchain<\/strong>, has seen a 10%<\/strong> increase over the past week, positioning its native token ADA<\/a> for further upside momentum. With the price nearing its 20-day Exponential Moving Average<\/strong> (EMA), a key technical level, buyers seem ready to propel the altcoin to new highs<\/strong>.<\/p>\n\n\n\n

As ADA approaches this breakout zone<\/strong>, a comprehensive analysis of technical indicators and on-chain data suggests that bulls have regained control of the market. Let’s take a closer look at these signals pointing towards a potential explosive breakthrough<\/strong> for ADA holders.<\/p>\n\n\n\n

Currently, ADA is trading near its 20-day EMA. This moving average gives more weight to recent prices. When an asset manages to rise above this average, it signals a shift in short-term momentum. It transitions from a bearish trend to a bullish<\/strong><\/a> trend<\/strong>.<\/p>\n\n\n

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\"Cardano's
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

This breakthrough confirms that buying pressure on ADA is intensifying, paving the way for renewed momentum<\/strong>. If ADA manages to sustain above this EMA, it could benefit from a robust dynamic support,<\/strong> giving buyers more control.<\/p>\n\n\n\n

On-Chain Indicators Strengthen Bullish Momentum<\/h2>\n\n\n\n

On-chain metrics further support this positive outlook. According to Santiment<\/em>, the Realized Profit\/Loss<\/strong> (NPL) of the Cardano network has turned negative, signaling that most holders are currently at a loss.<\/p>\n\n\n

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\"Cardano's
Source: Santiment<\/figcaption><\/figure>\n<\/div>\n\n\n

Historically, this situation discourages selling pressure, as investors are less likely to part with their holdings at a loss. This behaviour promotes longer holding periods, tightening the supply and potentially driving ADA price up<\/strong> for a period.<\/p>\n\n\n\n

On the daily ADA\/USD chart, the Chaikin Money Flow (CMF) indicator, currently positive at 0.04, reinforces this bullish outlook. This signal indicates that buying pressure outweighs selling pressure, reflecting significant capital inflows<\/strong> into ADA. Investors<\/a> seem to be accumulating rather than divesting their positions.<\/p>\n\n\n

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\"ADA
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

If this trend persists, it could continue its momentum and reach $0.70<\/strong>. However, a wave of profit-taking could reverse the trend and push the price back to $0.55<\/strong>.<\/p>\n\n\n\n

How to Buy Cardano (ADA) on WEEX<\/h2>\n\n\n\n

If you’re looking to invest in Cardano’s ADA token, the WEEX<\/strong> platform offers you the opportunity to do so quickly<\/strong> and safely<\/strong>. Simply follow these steps:<\/p>\n\n\n\n

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  1. Create an account on WEEX<\/strong><\/a> and verify your identity.<\/li>\n\n\n\n
  2. Deposit funds via credit card, bank transfer, or crypto transfer.<\/li>\n\n\n\n
  3. Look for the ADA\/USDT<\/strong> pair on the Spot market.<\/li>\n\n\n\n
  4. Enter the desired amount and complete the purchase<\/strong>.<\/li>\n<\/ol>\n\n\n\n

    It’s important to note that the cryptocurrency market remains volatile<\/strong>. Therefore, it’s advisable never to invest an amount you can’t afford to lose.<\/p>\n\n\n\n

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    Buy Cardano (ADA) on WEEX !<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

    More on this topic :<\/strong><\/p>\n\n\n\n