ChangeNOW, a service for exchanging cryptocurrency without registration, reports increased transaction volumes for ADA and TRX. Savvy investors and large holders concerned about fund safety are using ChangeNOW more, suggesting an accumulation phase that could signal future growth for these coins.

Source: ChangeNOW

Cardano (ADA) is showing strong bullish activity, with its price increasing significantly over the past month. The cryptocurrency has seen a one-week price change of 49% and a one-month surge of 136%. The Relative Strength Index stands at 60.54, indicating positive momentum. The current price hovers between $0.54 and $0.84, approaching the nearest resistance level at $0.98. If the bullish trend continues, ADA could test this resistance and potentially climb towards the second resistance level at $1.28. The Simple Moving Averages also support this outlook, with the 10-day SMA at $0.87 above the 100-day SMA of $0.78. Overall, the market data suggests that bulls are currently influencing Cardano’s price movement. Those interested in Cardano can access it on ChangeNOW with no registration and no hidden fees.

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