Are you interested in investing in Cardano’s ADA? Don’t know whether it is the right time? No worries. Here, we’ve briefly analyzed Cardano’s price movement on the daily chart. It might give you better insight. Let’s dive in.
Cardano Price Analysis – 24 Hours Outlook
As illustrated in Chart 1, on February 19, Cardano experienced a notable price action in its early trading session. A Death Cross on MACD at 00:10 UTC signaled a price decline. Likely, ADA price began to fall, breached a breakout at 01:10 UTC, and dropped to $0.7331. Conversely, at 05:00 UTC, ADA found support at $0.7331, began to move on the upside, breached a breakout, and reached $0.7760. A Golden Cross on MACD at 05:30 UTC asserted this uptrend.
Chart 1 – Analyzed by Buvaneswari_L, published on TradingView, Feb 20, 2025
At 11:55 UTC, ADA price began to fall, led to a breakout, and dropped to $0.7506. Subsequently, at 15:05, ADA found support at $0.7506, experienced an uptrend, breached a breakout at 22:45 UTC, and closed at $0.7737. A Golden Cross on MACD at 22:55 confirmed this uptrend. On February 20, ADA’s trading day began with an upward trajectory. At 00:45 UTC, ADA broke the resistance at $0.7760, led to a breakout, and reached the top price at $0.7945. Keep an eye on the key levels to find out its future move.
Cardano’s Momentum & Best Crypto to Buy Now
Today’s Cardano price analysis shows that ADA is This uptrend demonstrates ADA’s strong bullish momentum. However, investors are still hesitant to invest in ADA. Therefore, they are searching for the best altcoins that offer exponential gains with a high growth rate. Crypto presales are a good start when seeking such opportunities. Currently, many new crypto presales are striving to lead the next bull run. Among them, Aureal One, DexBoss, ShepskyAI, and Best Wallet stand out. Let’s explore them in brief.
1. Aureal One (DLUME)
Aureal One is one of the new crypto presales designed for gamers. With the incorporation of metaverse and gaming, Aureal One’s creative blockchain seamlessly grabs many investors’ attention. Scalability is a key aspect of crypto trading. Aureal One utilizes Zero-Knowledge Rollups Technology, which provides safe, secure, and gas-free thousands of transactions per second instantly. Besides all, the main aim of Aureal One is to unveil two groundbreaking projects
- Darklume: A decentralized metaverse where users can own, build, interact, and trade digital assets.
- Clash of Tiles: A strategic game where players can conquer, deploy, or stock cryptocurrencies on the virtual tiles.
Click here to know more about Aureal One
DLUME Financial Growth
- Current Price: $0.0013
- Listing Price: $0.005 (323.08% rise)
- Total Fund Raised: $3,246,260.2 / $4,500,000
2. DexBoss (DEBO)
DexBoss is a cutting-edge trading station designed to rule the DeFi world. From AI-powered trading charts to near real-time order execution, DexBoss offers access to exclusive features. Further, DexBoss employs a Buyback and burn mechanism, which burns the DEBO token, reduces the token supply, and increases coin value over time.
Key Attributes
- Trade over 2000 cryptocurrencies
- Advanced AI trading charts
- Simplified Fiat conversions
- High liquidity with minimal slippage
- Near real-time order execution
DEBO Financial Growth
- Current Price: $0.011
- Listing Price: $0.0505
- Total Fund Raised: $587,869.9 / $750,000 (78% of its milestone)
3. ShepskyAI (SEKY)
ShepskyAI is an AI-based platform that leverages the Large Language Model to revolutionize the meme world. Its LLM technology is designed similar to OpenAI’s GPT architecture. This new crypto platform offers a seamless and intelligent trading experience with AI functionalities for traders of all levels.
Key Features
- Real-Time Responses
- User-friendly interface
- In-depth analysis of blockchain and token performance
SEKY Financial Growth
- Current Price: $0.00109
- Total Fund Raised: $165,384.29 / $707,008
4. Best Wallet (BEST)
Best Wallet is one of the easy-to-use crypto wallets designed for seamless management of crypto assets. It supports 1000+ cryptocurrencies, including BTC, ETH, and more. The main aim of this project is to capture 40% of the $11 billion non-custodial wallet market by 2026.
BEST Financial Growth
- Current Price: $$0.02405
- Total Fund Raised: $10,290,289.92
Final Thoughts
Based on the Cardano price analysis, it is evident that ADA is struggling to break the resistance to continue its bullish momentum. Hence, investors doubt whether it is the right time to invest in ADA. Therefore, they are looking for the best altcoins that offer high returns in the future. Are you one of those investors? Then, you should look at Aureal One and DexBoss. Though the above-listed new crypto presales are top performers, DLUME and DEBO lead the list. We encourage readers to research to understand the potential of these projects.