As whale activity intensifies, the spotlight is once again on Cardano price prediction, with ADA coin showing signs of a strong rebound. Despite a brief dip, network developments and a surge in whale accumulation have turned market sentiment bullish.
At the same time, retail and institutional investors alike are shifting focus toward Unilabs, a cutting-edge AI-powered investment protocol that just crossed $2M in its presale. It is an AI protocol that is here to change the way of investing. Let’s find out more about ADA and UNIL.
Cardano (ADA) has achieved a significant milestone by surpassing 110 million total transactions. This development highlights a major surge in network activity and usage, despite the current market challenges. Technically, the network growth has been attributed to recent collaborations, network modifications, and the growing usage of Smart Contracts.
Alongside partnerships with leading firms, a few days ago, Cardano announced the release of Node v.10.4.1, which included Unspent Transaction Output - High Density (UTXO-HD), which is designed to improve the speed and scalability of blockchains.
According to ADA coin’s recent market data, the asset has fallen below a key support level of $0.70, trading at $0.68 at press time. On the weekly and monthly price charts, ADA coin fell by 9% and 1%, respectively. Meanwhile, ADA coin is attempting to reverse its current bearish trend on its daily price chart with a 2.2% increase.
Looking at the Relative Strength Index (RSI), ADA coin looks to have entered bearish territory with a value of 42. This is consistent with the MACD chart, indicating that traders remain concerned. In contrast, the asset's 24-hour trading volume increased by 9% to $614 million.
Despite these challenges, ADA whales appear to have taken advantage of the recent downturn by acquiring a huge amount of the token, signaling a bullish Cardano price prediction. This type of setback allows late buyers to join the rise at a significantly cheaper price.
As whales join the market, Cardano price predictions turn bullish, forecasting the next leg up for ADA might propel the ADA coin to new highs, with a potential push above $1.
As the Cardano price predictions turn bullish amidst rising whale activity, Unilabs is snatching the attention of ADA whales with its utility-centric approach to investment. Even at its initial stage, this DeFi investment protocol has over $30M in Assets Under Management (AUM).
The platform offers multiple AI-powered features that aim to provide retail investors with the same strategies and features that were once reserved for institutional investors only. One of the most sought-after features of this AI protocol is its EASS (Early Access Scoring System).
Using an AI algorithm, it analyzes new crypto projects on different parameters like team credibility, market momentum, and profit potential. It helps investors to find promising projects before they hit the mainstream market, helping them stay ahead of the market curve.
Along with this, the platform also offers a unique Memecoin Identification Tool that allows investors to take advantage of the ongoing meme coin trends at the right time. Simply put, it makes the process of investing easier by updating investors on potential early opportunities.
Unilabs also features an analysis tool named Market Pulse that scans multiple market data sources for different assets in seconds. It helps investors to make full use of every micro movement in the crypto industry. Furthermore, it offers a portfolio management tool that utilizes AI insights. Investors can rely on it as it can track market shifts and adjust the portfolio accordingly to reduce risk exposure.
As ADA whales turn around Cardano price predictions, Unilabs ongoing presale is aiming to give it a boost that can take this AI-protocol to new heights soon. Currently, at stage 2, the presale has already crossed the $2M milestone in funding. Each UNIL token is available at just $0.0051, serving as a perfect opportunity to secure massive gains for early investors.
This protocol offers a lot of benefits to early UNIL holders, such as up to 30% reduction in the platform’s fees. Additionally, it offers users the chance to earn passive income with its referral program. Additionally, investors can also stake their UNIL tokens to earn multiple rewards.
Discover More About Unilabs:
Presale: https://www.unilabs.finance/
Buy Presale: https://buy.unilabs.finance/
Telegram: https://t.me/s/unilabsofficial
Twitter: https://twitter.com/unilabsofficial
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