Cardano Price Prediction: ADA Over 1% As Plomin Hard Fork Goes Live, While This AI Agent Crypto ICO Goes Parabolic

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The
Cardano
price
has
climbed
more
than
1%
in
the
last
24
hours
to
trade
at
$0.96
as
of
02:24
a.m.
EST
on
an
11%
pump
in
trading
volume
to
$819
million.


This
uptick
in
the
ADA
price
comes
as
the
Plomin
upgrade
was
activated
on
Jan.
29,
which
is
a
major
step
in
the
ecosystem’s
long-awaited
move
towards
a
decentralized
governance
system.


With
the
Plomin
upgrade
now
live,
ADA
token
holders
will
be
able
to
shape
Cardano’s
future,
including
voting
on
treasury
measures
and
hard
forks.

Cardano
Price
On
A
Corrective
Phase


The


ADA
price



chart

on
the
4-hour
timeframe
reveals
a
market
that
has
recently
been
in
a
corrective
phase
following
a
significant
bullish
rally. 


The
Cardano
price
action
peaked
near
the
$1.25
resistance
level
before
experiencing
a
downturn.
Currently,
ADA
is
trading
around
$0.9619,
struggling
to
maintain
momentum
above
key
moving
averages.


A
support
zone
around
$0.85–$0.90
has
been
well-respected,
acting
as
a
cushion
against
further
price
declines.
ADA
has
tested
this
area
multiple
times,
confirming
its
significance. 


However,
the
price
remains
below
a
crucial
resistance
at
$1.15,
where
selling
pressure
appears
to
be
strong,
according
to



GeckoTerminal


data. 


Additionally,
ADA
is
fluctuating
around
the
50-period
Simple
Moving
Average
(SMA)
on
the
4-hour
chart
at
$0.9642
and
below
the
200-period
SMA
at
$0.9837.
This
suggests
that
while
buyers
are
trying
to
regain
control,
the
bearish
sentiment
still
holds
weight.


Meanwhile,
the
Relative
Strength
Index
(RSI)
stands
at
53.52,
indicating
a
neutral
stance.
It
is
neither
in
overbought
nor
oversold
conditions,
suggesting
that
the
market
is
in
a
consolidation
phase
with
the
potential
for
either
a
breakout
or
breakdown.


The
Moving
Average
Convergence
Divergence
(MACD)
line
(blue)
is
slightly
above
the
signal
line
(orange),
but
remains
close
to
the
zero
line.
This
indicates
weak
bullish
momentum
with
the
possibility
of
a
trend
shift
if
buying
volume
increases.
However,
the
histogram
shows
a
minor
bearish
divergence,
meaning
caution
is
needed.

Cardano Price Chart Analysis. Source: GeckoTerminal.com

Cardano Price Chart Analysis. Source: GeckoTerminal.com

Cardano
Price
Chart
Analysis.
Source:
GeckoTerminal.com

ADA
Price
Prediction


Given
the
current
chart
setup,
the
ADA
price
is
at
a
crucial
decision
point. 


A
break
above
the
$0.98–$1.00
resistance
zone
and
the
200-period
SMA
could
pave
the
way
for
a
retest
of
$1.10–$1.20
levels.
This
would
require
strong
bullish
volume
and
positive
market
sentiment.


On
the
downside,
if
the
$0.90
support
zone
fails,
the
Cardano
price
could
retest
lower
levels
around
$0.85
or
even
$0.80.
However,
considering
the
strong
accumulation
seen
in
this
range,
buyers
are
likely
to
step
in
before
such
a
drop
occurs.


As
the
Cardano
price
tries
to
enter
into
a
bullish
move,
investors
are
snapping
up
a
new
AI
agent
crypto
called



MIND
of
Pepe
(MIND)
,
which
99Bitcoins,
a
popular
crypto
channel
on
YouTube
with
over
723K
subscribers,
says
has
the
potential
to
soar
20X
after
its
launch.

MIND
Of
Pepe
Presale
Closes
On
$5
Million—Next
Crypto
To
Explode?


MIND
of
Pepe
is
a
bold
new
AI
agent
crypto
that
has
already
attracted
a
huge
following,
with
its
presale
having
raised
more
than
$4.4.


One
outstanding
feature
of
the
project
is
its
AI’s
ability
to
analyze
the
emerging
trends
in
the
Web3
space
on
social
media
platforms,
especially
‘Crypto
Twitter,’
before
the
rest
of
the
market
catches
on.


MIND
of
Pepe’s
AI
agent
doesn’t
just
passively
observe,
it
actively
engages
with
influencers,
platforms,
and
communities
in
an
effort
to
shape
the
market
narrative,
and
passes
the
insights
it
has
gathered
to
MIND
holders
through
token-gated
groups.


MIND
holders
also
have
the
opportunity
to
stake
their
tokens
for
a
stratospheric
505%
annual
percentage
yield
(APY).


Currently,
MIND
tokens
are
priced
at
$0.0032273,
and
can
be
purchased
through
the
simple
buy
widget
embedded
on
the
project’s
website
using
either
crypto
or
bank
card.



Buy
MIND
tokens
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before
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