Cardano Jumps 12% In 7 Days: Why Is ADA Going Up?
Posted On February 13, 2025
Cardano (CRYPTO: ADA) has jumped 12% in seven days, fueled by Grayscale’s application for the first spot ETF.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Cardano (CRYPTO: ADA) | $0.8003 | $28.2 billion | +2.5% | +12.6% |
| Ethereum (CRYPTO: ETH) | $2,636.30 | $317.7 billion | -1.5% | -2.2% |
| Dogecoin (CRYPTO: DOGE) | $0.2566 | $37.9 billion | -1.2% | +4% |
Trader Notes: More Crypto Online foresees a bullish outlook as long as ADA stays above $0.684, with $0.65–$0.56 as the key lower support zone if broken.
A move above the February high would signal a push toward the $0.87–$0.94 Fibonacci extension.
While recent gains may be fuelled by ETF optimism, price action remains within corrective structures, warranting caution until key levels confirm a trend.
Crypto chart …
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