Cardano Whale Transactions Don Soar; $2.70 Bull Flag Target
Cardano whale gbe don increase well well within 24 hours as over 137 ADA transactions una pass $1 million each, e show say institutions dey interested again. ADA don rally 75% since late June, e climb from $0.50 reach 20-week high at $0.896 before e small fall go $0.816. Technical analysis show say e break from weekly bull flag and 50-day with 200-day SMAs don turn to support, e get target near $2.70. Traders suppose dey watch Cardano whale activity plus transaction volume well, because big money wey dey enter fit make price go up more or make some people collect their profit. More network upgrades and steady money flow from institutions dey support the bull trend, but market get wahala with ups and downs so risk management suppose dey tight.
Bullish
Di rise for Cardano whale transactions show say big holders dey accumulate well well and say institutional interest don dey come back, wey dey strengthen the bullish momentum. The technical breakout from weekly bull flag, plus how the 50-day and 200-day SMAs don change to support, dey point to measured upside target near $2.70—wey pass current levels by over 200%. For short term, dis kain activity fit push price go higher as traders dey follow the upward momentum. For medium to long term, as network upgrades continue and institutional flows steady, e fit make the uptrend last. But, big value transactions fit also bring risk of people dey take profit, so traders suppose manage their positions well around key support levels.