ADA has recovered 4% in the daily chart despite a 14% decline over the past week.
The price is nearing the $0.8455 support level, which, if breached, could lead to further downward momentum.
ADA is nearing the $0.8455 support level, which, if
breached, could lead to further downward momentum. Cardano (ADA) is experiencing a resurgence, with its
price climbing over 9.5% in the past 24 hours.
After hitting a low of $0.8873
on January 9, the cryptocurrency has recovered to $0.9716, highlighting a
potential continuation of its upward momentum.
Currently, ADA price is approaching the $0.8455
support level, a level below which price could open more downward momentum, according to CoinMarketCap. The current price recovery places ADA among the top performers in the cryptocurrency
market.
A Recovery Fueled by Strong Metrics
At the time of publication, ADA traded for $0.9225,
representing a 4% increase in the past day despite a 14% price decrease in the
past week. Its Open Interest, a key indicator of trading activity, has
reportedly jumped 6.55% to 1.19 billion ADA, valued at $1.15 billion.
Trading volume has also surged to $1.34 billion,
highlighting this increased interest. These metrics suggest sustained market
confidence, even as broader volatility persists.
Cardano Price, Source: CoinMarketCap
Despite the bullish sentiment, Cardano faces
significant resistance levels. On the USD-paired chart on TradingView, ADA
could face price resistance at $1.01. The Relative Strength Index is currently
at $47, meaning the price could drop further before any change of sentiment.
Despite the price rebound, ADA is trading below the
200-moving average but remains above the 50-moving average. This means that the
trend remains negative on a broader time frame.
Beyond price action, Cardano's growing ecosystem
underpins its long-term value. An anticipated Plomin hard fork later this month
aims to prepare the blockchain for decentralized governance, strengthening its
competitive edge as a proof-of-stake platform.
Adding to its momentum, Cardano has announced a
partnership with FC Barcelona, aiming to transform fan engagement through
blockchain technology.
ADAUSD, Source: TradingView
Fundamental Analysis
According to the official statement on X, the
collaboration focuses on projects like BarçaVerse, which integrates Web3 and AI technologies to enhance fan experiences. While ADA's recent performance sparks
optimism, challenges persist. Sustaining a move above $1 is critical to
solidifying bullish sentiment.
As the cryptocurrency market recovers, Cardano's price
trajectory will depend on a mix of technical indicators, market sentiment, and
the successful execution of its upcoming upgrades and partnerships.
Cardano's journey reflects the intersection of
innovation and market dynamics, keeping it in the spotlight as a key player in
the evolving cryptocurrency space.
ADA is nearing the $0.8455 support level, which, if
breached, could lead to further downward momentum. Cardano (ADA) is experiencing a resurgence, with its
price climbing over 9.5% in the past 24 hours.
After hitting a low of $0.8873
on January 9, the cryptocurrency has recovered to $0.9716, highlighting a
potential continuation of its upward momentum.
Currently, ADA price is approaching the $0.8455
support level, a level below which price could open more downward momentum, according to CoinMarketCap. The current price recovery places ADA among the top performers in the cryptocurrency
market.
A Recovery Fueled by Strong Metrics
At the time of publication, ADA traded for $0.9225,
representing a 4% increase in the past day despite a 14% price decrease in the
past week. Its Open Interest, a key indicator of trading activity, has
reportedly jumped 6.55% to 1.19 billion ADA, valued at $1.15 billion.
Trading volume has also surged to $1.34 billion,
highlighting this increased interest. These metrics suggest sustained market
confidence, even as broader volatility persists.
Cardano Price, Source: CoinMarketCap
Despite the bullish sentiment, Cardano faces
significant resistance levels. On the USD-paired chart on TradingView, ADA
could face price resistance at $1.01. The Relative Strength Index is currently
at $47, meaning the price could drop further before any change of sentiment.
Despite the price rebound, ADA is trading below the
200-moving average but remains above the 50-moving average. This means that the
trend remains negative on a broader time frame.
Beyond price action, Cardano's growing ecosystem
underpins its long-term value. An anticipated Plomin hard fork later this month
aims to prepare the blockchain for decentralized governance, strengthening its
competitive edge as a proof-of-stake platform.
Adding to its momentum, Cardano has announced a
partnership with FC Barcelona, aiming to transform fan engagement through
blockchain technology.
ADAUSD, Source: TradingView
Fundamental Analysis
According to the official statement on X, the
collaboration focuses on projects like BarçaVerse, which integrates Web3 and AI technologies to enhance fan experiences. While ADA's recent performance sparks
optimism, challenges persist. Sustaining a move above $1 is critical to
solidifying bullish sentiment.
As the cryptocurrency market recovers, Cardano's price
trajectory will depend on a mix of technical indicators, market sentiment, and
the successful execution of its upcoming upgrades and partnerships.
Cardano's journey reflects the intersection of
innovation and market dynamics, keeping it in the spotlight as a key player in
the evolving cryptocurrency space.
Binance Users in Ukraine Pushed to Swift and P2P as Bifinity Halts Fiat Services
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
FINANCE MAGNATES LONDON SUMMIT 2025
FINANCE MAGNATES LONDON SUMMIT 2025
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
