Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

2025-05-10

XRP, Pepe Rebound underway, but Cardano and this Defi -Token look stronger: Rexas Finance

2025-05-10

Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

2025-05-10
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

    2025-05-10

    China’s Beijing unveils 2-year DLT Development Action Plan

    2025-05-10

    Nexera and Pinkchain unite to Tokenize € 1.1 billion real estate pipeline with Shariah-compliant products

    2025-05-10

    Mint Blockchain integrates Chainlink CCIP to feed cross-chain connectivity

    2025-05-10

    ‘Nasdaq on Solana’ vision sees progress with opening bell launch

    2025-05-10
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10

    Partially completed Wave 5 says there is still room to run

    2025-05-10

    Wells Fargo increases the price target for a company of billion dollars, the shares of the company’s prognoses will increase by 52%: report

    2025-05-10

    Ethereum – Price explodes beyond $ 2,200 with a 25% increase – Momentum builds up quickly

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Cardano’s ADA is gearing up for a big move as long-term holders overtake STHs: What’s next for the ADA price?
Altcoins

Cardano’s ADA is gearing up for a big move as long-term holders overtake STHs: What’s next for the ADA price?

2023-11-01No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Cardano started November with slightly bearish momentum and faced resistance challenges, mainly from short-term holders. As these STHs grapple with uncertainty about ADA’s next direction, the network is seeing growing dominance from long-term owners, which builds trust. Given this increase, there is a higher chance of a significant shift in the price of ADA by the weekend.

The number of long-term holders exceeds 2.7 million

After a robust 11% gain in October, Cardano traders are preparing for potential volatility in November. This altcoin, which recently reached its highest price since August, has turned heads and posted further gains in the fourth quarter.

However, insights from Cardano’s historical trend suggest that ADA price will undergo a small downward correction this month. Of the past five years, only one November, and specifically three years earlier, ended with an increase of 85%. Such news leaves ADA traders with a mixed choice of expectations for November: a potential breakout above $0.3 per token or bearish momentum towards $0.25.

Data from IntoTheBlock indicates rising confidence among ADA holders. Recent months have seen a notable increase in long-term ADA price confidence, with LTH addresses peaking at a whopping 2.7 million. Interestingly, the number of addresses with ADA for less than a year has seen a notable decline, indicating a clear change in the hodling mentality.

Moreover, despite a surge in transaction volume, network value has recently witnessed a significant decline. The NVT ratio, which measures the value of the network versus transaction volume, fell from an October high of 6.12 to a low of 3.18, indicating a reduction in market capitalization.

See also  Crypto Guru Predicts Insane XRP Rally: Will Price Reach $15 Soon?

Nevertheless, transaction volume has continued to go from strength to strength during this period. This increasing activity could indicate a possible upward price correction in the coming days.

What’s next for the ADA award?

ADA continues to trade within the resistance zone around $0.3. However, increasing selling pressure near $0.3 prevents ADA price from initiating a breakout moment. The declining 20-day EMA, with the RSI trading below the midline, indicates a small upside for the bears. At the time of writing, ADA price is trading at $0.29 and is down over 0.85% in the last 24 hours.

Should the ADA price rise again around $0.28, the bulls will once again try to push the price past the immediate resistance at $0.3. If this is achieved successfully, it could signal the start of a solid recovery targeting $0.33, then $0.38.

On the bearish side, the bears are ready to counter any bullish trend. Their goal will be to bring the price below the 100-day EMA. Such action could indicate that ADA price could continue to fluctuate within the bearish range of $0.22-0.25. However, bulls are expected to strongly defend any decline below that and trigger aggressive buying.



Source link

ADA Big Cardanos Gearing holders LongTerm Move overtake Price STHs Whats
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

2025-05-10

XRP, Pepe Rebound underway, but Cardano and this Defi -Token look stronger: Rexas Finance

2025-05-10

Is Bitcoin price on its way to $ 137K? Markt -Expert says that BTC broke out since November 2024

2025-05-10

Ethereum rises 32% when $ 60 million leaves ETFs – is ETH’s identity crisis over?

2025-05-10
Add A Comment

Comments are closed.

Top Posts

BNB Chain’s Q2 Performance Sparks Optimism Amidst Regulatory Uncertainty

2023-07-27

BlackRock Ethereum Fund Wallet is Swimming in CryptoDickButts and Meme Coins – Why?

2024-03-22

OFAC keeps developers in sight despite the removal of Tornado money

2025-04-15
Editors Picks

Etherscan acquires Solscan to expand blockchain data services

2024-01-03

Binance Pool Announces Mining Service Rewards in Altcoin Project Created by Billy Markus, Founder of Dogecoin (DOGE)

2024-10-02

GBTC’s discount on its Bitcoin funds narrows in October. What’s next?

2023-10-18

Timing of Bitcoin’s next cycle top as the 2024 halving approaches

2024-01-29
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

XRP, Pepe Rebound underway, but Cardano and this Defi -Token look stronger: Rexas Finance

Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,226.431.29%
  • ethereumEthereum(ETH)$2,521.527.45%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.422.49%
  • binancecoinBNB(BNB)$660.26-1.83%
  • solanaSolana(SOL)$175.371.86%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.24642119.46%
  • cardanoCardano(ADA)$0.824.95%
  • tronTRON(TRX)$0.2642870.60%
  • suiSui(SUI)$4.236.83%
  • chainlinkChainlink(LINK)$16.975.50%
  • avalanche-2Avalanche(AVAX)$25.328.53%
  • stellarStellar(XLM)$0.3150145.79%
  • shiba-inuShiba Inu(SHIB)$0.0000168.80%
  • hedera-hashgraphHedera(HBAR)$0.2150625.58%
  • hyperliquidHyperliquid(HYPE)$26.095.07%
  • the-open-networkToncoin(TON)$3.495.54%
  • bitcoin-cashBitcoin Cash(BCH)$423.002.10%
  • polkadotPolkadot(DOT)$5.154.92%
  • litecoinLitecoin(LTC)$103.36-2.13%
  • unus-sed-leoUNUS SED LEO(LEO)$8.20-6.22%
  • moneroMonero(XMR)$323.872.19%
  • bitget-tokenBitget Token(BGB)$4.929.33%
  • pepePepe(PEPE)$0.0000136.74%
  • piPi(PI)$0.775.05%
  • daiDai(DAI)$1.00-0.03%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$7.2911.65%
  • bittensorBittensor(TAO)$457.495.28%
  • nearNEAR Protocol(NEAR)$3.2611.54%
  • aptosAptos(APT)$6.016.52%
  • ondo-financeOndo(ONDO)$1.086.29%
  • aaveAave(AAVE)$223.355.39%
  • okbOKB(OKB)$55.941.01%
  • ethereum-classicEthereum Classic(ETC)$20.305.18%
  • internet-computerInternet Computer(ICP)$5.754.44%
  • kaspaKaspa(KAS)$0.1109565.27%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.12-2.53%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2679954.45%
  • render-tokenRender(RENDER)$5.387.23%
  • crypto-com-chainCronos(CRO)$0.1031490.51%
  • gatechain-tokenGateToken(GT)$22.26-0.79%
  • vechainVeChain(VET)$0.0316234.51%
  • mantleMantle(MNT)$0.780.58%
  • ethenaEthena(ENA)$0.41083711.15%
  • arbitrumArbitrum(ARB)$0.47040524.05%
  • algorandAlgorand(ALGO)$0.2492026.43%
  • usd1World Liberty Financial USD(USD1)$1.00-0.09%
  • filecoinFilecoin(FIL)$3.194.36%
  • bitcoinBitcoin(BTC)$104,226.431.29%
  • ethereumEthereum(ETH)$2,521.527.45%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.422.49%
  • binancecoinBNB(BNB)$660.26-1.83%
  • solanaSolana(SOL)$175.371.86%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.24642119.46%
  • cardanoCardano(ADA)$0.824.95%
  • tronTRON(TRX)$0.2642870.60%
  • suiSui(SUI)$4.236.83%
  • chainlinkChainlink(LINK)$16.975.50%
  • avalanche-2Avalanche(AVAX)$25.328.53%
  • stellarStellar(XLM)$0.3150145.79%
  • shiba-inuShiba Inu(SHIB)$0.0000168.80%
  • hedera-hashgraphHedera(HBAR)$0.2150625.58%
  • hyperliquidHyperliquid(HYPE)$26.095.07%
  • the-open-networkToncoin(TON)$3.495.54%
  • bitcoin-cashBitcoin Cash(BCH)$423.002.10%
  • polkadotPolkadot(DOT)$5.154.92%
  • litecoinLitecoin(LTC)$103.36-2.13%
  • unus-sed-leoUNUS SED LEO(LEO)$8.20-6.22%
  • moneroMonero(XMR)$323.872.19%
  • bitget-tokenBitget Token(BGB)$4.929.33%
  • pepePepe(PEPE)$0.0000136.74%
  • piPi(PI)$0.775.05%
  • daiDai(DAI)$1.00-0.03%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$7.2911.65%
  • bittensorBittensor(TAO)$457.495.28%
  • nearNEAR Protocol(NEAR)$3.2611.54%
  • aptosAptos(APT)$6.016.52%
  • ondo-financeOndo(ONDO)$1.086.29%
  • aaveAave(AAVE)$223.355.39%
  • okbOKB(OKB)$55.941.01%
  • ethereum-classicEthereum Classic(ETC)$20.305.18%
  • internet-computerInternet Computer(ICP)$5.754.44%
  • kaspaKaspa(KAS)$0.1109565.27%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.12-2.53%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2679954.45%
  • render-tokenRender(RENDER)$5.387.23%
  • crypto-com-chainCronos(CRO)$0.1031490.51%
  • gatechain-tokenGateToken(GT)$22.26-0.79%
  • vechainVeChain(VET)$0.0316234.51%
  • mantleMantle(MNT)$0.780.58%
  • ethenaEthena(ENA)$0.41083711.15%
  • arbitrumArbitrum(ARB)$0.47040524.05%
  • algorandAlgorand(ALGO)$0.2492026.43%
  • usd1World Liberty Financial USD(USD1)$1.00-0.09%
  • filecoinFilecoin(FIL)$3.194.36%