Cardano Investors Anchor for ADA Price at $1 By HODLing | Airdrop Alert Pro

After many attempts to break through the $ 1.13 resistance, Caldano has been working hard to restore the rise of the rise. The cottage coin has been adjusted twice this month, reflecting the uncertainty of the market.

Despite a wider range of cryptocurrency markets, Caldano’s prices are still downturn. However, optimistic investors continue to hold ADA shares.

Caldano investor wants to rise

Average currency indicator Caldano has already The rise indicates that the market’s emotions are positive. This indicator reflects long -term holders (LTH) to choose to retain its ADA instead of selling. This behavior anchor the price of Caldano. Although it lacks obvious bullish momentum in recent weeks, it has prevented sharp declines.

LTH’s promise to hold ADA provides urgent stability for the altcoin. They are unwilling to liquidate the shares held by the institute that they are confident in the long -term value of Caldano. This firmness limits the downward pressure of prices and ensures that ADA can maintain relatively stable even in a wider market fluctuations.

The correlation between Caldano and Bitcoin has dropped to 0.54, causing workers from traders. Historically, the decline of this correlation has led to the decline of the ADA price. If this trend continues, this disconnection from Bitcoin’s price trend may lead to poor performance.

Lower correlations usually make assets more vulnerable to isolated market conditions. For CaldanoThis may mean that unless a broader market situation improves, it is necessary to continue to work hard to break through the key resistance level. The decline in correlation has strengthened the need for ADA -specific litter trigger factors to offset potential declines.

ADA price prediction: seek support

Caldano Current After failing to break through the $ 1.13 mark, the transaction price was $ 0.97, which was slightly less than $ 0.99. This situation that cannot maintain a critical level highlights the challenges facing the challenge of the cottage in terms of rising power.

The hybrid signal issued by long -term holders’ behavior and macro indicators may cause Caldano to fall into a downturn. If these situations continue, the cottage coins may continue to be blocked at the resistance level of $ 1.13, thereby limiting the short -term price increase. Because the market sentiment is still unclear, investors should be cautious.

However, a wider market bullish mood may change Caldano’s prospectsEssence If ADA successfully breaks through the resistance level of $ 1.13, it may rebound to $ 1.23 or even higher. This will eliminate the current loser emotions and may re -attract investors’ interest.