Cardano Faces Bearish Pressure- Will It Break $3, or Should You Add Other Altcoins Like Lightchain AI?
The post Cardano Faces Bearish Pressure- Will It Break $3, or Should You Add Other Altcoins Like Lightchain AI? appeared on BitcoinEthereumNews.com.
Cardano (ADA) is facing bearish pressure, leaving investors questioning whether it will break past the $3 mark or if it’s time to diversify into other high-potential altcoins. One standout contender is Lightchain AI, a rising project blending blockchain with artificial intelligence. Currently in its presale phase at $0.005625 per token, Lightchain AI has already raised $14.2 million, signaling strong investor confidence. As the market evolves, Lightchain AI is positioning itself as a promising alternative for major gains in 2025. Cardano’s Bearish Struggles- What Investors Need to Know Cardano (ADA) has recently faced significant bearish pressures, with its price declining nearly 10% over the past week. This downturn is attributed to a sharp 90% decrease in whale activity, indicating reduced interest from large investors. Technical indicators, such as the Average Directional Index (ADX), have risen to 23.2, suggesting a strengthening downtrend. Additionally, ADA’s correlation with Bitcoin has fallen to 0.40, implying that Cardano is charting its own course, independent of Bitcoin’s movements. Investors should monitor these developments closely, as continued bearish momentum could lead to further declines, while a shift in sentiment may present buying opportunities. $3 is a crucial resistance level to watch, as a break below could signal prolonged bearish pressure. Why Lightchain AI Is Gaining Traction Amid Market Uncertainty Amid market uncertainty, Lightchain AI is gaining traction due to its low-latency performance and clear roadmap, ensuring long-term stability and growth. Unlike projects struggling with congestion, Lightchain AI utilizes Layer 2 scaling and DAG structures, allowing 10,000+ TPS with sub-300ms latency, making it ideal for real-time AI-driven applications. Its roadmap ensures structured development. November 2024 – Prototype Development (PoI and AI framework testing). January 2025 – Testnet Rollout (developer engagement and AI task validation). March 2025 – Mainnet Launch (full decentralization and governance integration). June 2025 – Global Adoption…
Filed under: News - @ February 4, 2025 2:27 pm