{"id":627330,"date":"2025-02-17T12:26:54","date_gmt":"2025-02-17T12:26:54","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=627330"},"modified":"2025-02-17T12:26:54","modified_gmt":"2025-02-17T12:26:54","slug":"cardano-price-prediction-as-ada-founder-charles-hoskinson-says-bull-market-is-just-getting-started-this-best-crypto-wallet-ico-blasts-past-10m","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/cardano-price-prediction-as-ada-founder-charles-hoskinson-says-bull-market-is-just-getting-started-this-best-crypto-wallet-ico-blasts-past-10m","title":{"rendered":"Cardano Price Prediction: As ADA Founder Charles Hoskinson Says &#8220;Bull Market Is Just Getting Started,\u201d This Best Crypto Wallet ICO Blasts Past $10M"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Cardano price climbed 2% in the last 24 hours to trade at $0.7968 as of 04:44 a.m. EST on a 47% pump in trading volume to $675 million.<\/span><\/p>\n<p>It comes as ADA founder Charles Hoskinson says &rdquo;the bull market is just getting started.&rdquo;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">JUST IN: <a href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&amp;ref_src=twsrc%5Etfw\">#Cardano<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ADA<\/a> Founder Charles Hoskinson says \"institutions think the markets will go parabolic. Sovereign wealth funds buying crypto, US holding BTC, stablecoin legislation. Apple, Google, Microsoft, xAI, and RWAs will come in. $20T from institutions will enter crypto.\" <a href=\"https:\/\/t.co\/jJ5TBkuPgW\">pic.twitter.com\/jJ5TBkuPgW<\/a><\/p>\n<p>&mdash; Angry Crypto Show (@angrycryptoshow) <a href=\"https:\/\/twitter.com\/angrycryptoshow\/status\/1890209447978410353?ref_src=twsrc%5Etfw\">February 14, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">&ldquo;$760 billion left the market due to tariffs, 710,000 people were liquidated, and yet we recovered in 48 hours,&rdquo; he said. &ldquo;These are hot markets. This cycle is institution-led. I think Bitcoin hits $250,000 minimum.&rdquo;<\/span><\/p>\n<h2><b>Cardano Price Analysis: Bearish Reversal in Play?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/cardano\"><span style=\"font-weight: 400;\">ADA price<\/span><\/a><span style=\"font-weight: 400;\"> has recently experienced a significant price decline after reaching a local high above $1.20.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Cardano price action is forming a clear rounded top pattern, a classic bearish reversal signal.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A crucial support zone between $0.31 and $0.45 is identified, highlighted by a previous accumulation phase, according to <\/span><a href=\"https:\/\/www.geckoterminal.com\/bsc\/pools\/0x673516e510d702ab5f2bbf0c6b545111a85f7ea7\"><span style=\"font-weight: 400;\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400;\"> data. The chart also features an arrow pointing downward, indicating the likelihood of a further price decline towards this range.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, the recent downtrend has been accompanied by rising sell volume, confirming strong bearish momentum. The 50-day Simple Moving Average (SMA) at $0.7455 has been broken but remains close to the price, while the 200-day MA at $0.5021 serves as a critical long-term support level.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The RSI is currently at 46.43, slightly below the neutral 50 level, indicating a bearish tilt but not yet in the oversold zone. This suggests that there is still room for further downside before a potential rebound.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Moving Average Convergence Divergence (MACD) line (-0.0390) is below the signal line (-0.0099), confirming bearish momentum. The histogram is in negative territory, showing increasing selling pressure.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-627332\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/ADA_2025-02-17_12-44-35.png\" alt=\"Cardano Price Chart Analysis Source: GeckoTerminal\" width=\"1637\" height=\"666\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/ADA_2025-02-17_12-44-35.png 1637w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/ADA_2025-02-17_12-44-35-300x122.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/ADA_2025-02-17_12-44-35-1024x417.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/ADA_2025-02-17_12-44-35-768x312.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/ADA_2025-02-17_12-44-35-1536x625.png 1536w\" sizes=\"(max-width: 1637px) 100vw, 1637px\"><\/p>\n<h2><b>ADA Price Prediction<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">With the formation of a rounded top pattern, a bearish MACD crossover, and the RSI below 50, ADA is likely to continue its downward movement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The next major support level is between $0.31 and $0.45, aligning with the fair value gap (FVG) level and the 200-day SMA.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the meantime, investors are flocking to the presale for <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/bestwalletpresale\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Best Wallet (BEST)<\/span><\/a><span style=\"font-weight: 400;\">, which ClayBro, a popular YouTuber with over 136K subscribers, says is one of the best crypto wallets for 2025.<\/span><\/p>\n<p><iframe title=\"BestWallet Named Top 5 Crypto Wallets For 2025! Best Token Could Soar!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/vcq5uCbXyWA?start=1&amp;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2><b>Best Wallet Presale Blasts Past $10 Million &ndash; Next Big Crypto?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Best Wallet is rapidly emerging as a top choice for those entering the cryptocurrency market and its presale has already surged past $10.1 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The wallet supports more than 60 blockchains, features a built-in DEX, presale aggregator, and crypto debit card. Its native token, BEST, powers an ecosystem designed to simplify on-chain activities while minimizing security risks, making it a standout in the competitive crypto wallet space.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Among the many features of Best Wallet, one is gaining outsized interest from investors. That is its &ldquo;Upcoming Tokens&rdquo; section, which helps users discover promising projects that are still in the early stages.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Fastest Growing Wallet in Crypto!<\/p>\n<p>In a crowded market, Best Wallet delivers the tools you need to gain an edge. &#128640;<\/p>\n<p>1&#65039;&#8419; Exclusive alpha on new projects.<br>2&#65039;&#8419; Buy and claim tokens in the app.<br>3&#65039;&#8419; Manage all your assets across multiple chains in one place.<\/p>\n<p>This is why the Best&hellip; <a href=\"https:\/\/t.co\/AT4yos1CmG\">pic.twitter.com\/AT4yos1CmG<\/a><\/p>\n<p>&mdash; Best Wallet (@BestWalletHQ) <a href=\"https:\/\/twitter.com\/BestWalletHQ\/status\/1873685508938670325?ref_src=twsrc%5Etfw\">December 30, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">The project&rsquo;s success in identifying promising projects is already well established. It flagged <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Pepe Unchained (PEPU)<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/catslap\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Catslap (SLAP)<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;meme coins that delivered 500% and 3,000% gains, respectively, for early investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Investors can also stake BEST tokens for a huge 163% annual return. Currently, BEST tokens are priced at $0.024025.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Those interested should buy before a price hike in less than 34 hours.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/bestwalletpresale\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Visit BEST on its official website here.<\/span><\/a><\/p>\n<h2>Related News<\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/libra-meme-coin-promoted-by-argentina-president-javier-milei-linked-to-melania-other-pump-and-dumps-bubblemaps-says\"><span style=\"font-weight: 400;\">LIBRA Meme Coin Promoted By Argentina President Javier Milei Linked To MELANIA<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/dogwifhat-price-prediction-wif-drops-3-as-this-innovative-meme-coin-index-raises-over-3-7-million-in-presale-best-crypto-to-buy-now\"><span style=\"font-weight: 400;\">WIF Drops 3% As This Meme Coin Index Raises Over $3.7M In Presale&nbsp;<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/most-trending-cryptocurrencies-on-base-chain-now-eagle-ai-basenji-crash\"><span style=\"font-weight: 400;\">Most Trending Cryptocurrencies on Base Chain Now<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Best Wallet - Diversify Your Crypto Portfolio<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div 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\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The Cardano price climbed 2% in the last 24 hours to trade at $0.7968 as of 04:44 a.m. EST on a 47% pump in trading <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/best-wallet\" title=\"Best Wallet\">[&#8230;]<\/a><\/div>","protected":false},"author":1907,"featured_media":627333,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-627330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cardano Price Prediction As This Best Crypto Wallet ICO Hits $10M<\/title>\n<meta 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