2026-01-13 23:24:04

Cardano (ADA) has performed remarkably in the past 24 hours, with a price increase of over 5.8%, supported by multiple factors. From the technical charts, ADA's 7-period moving average has crossed above the 25-period and 99-period moving averages. The MACD histogram is in positive territory and showing an upward trend, indicating that a new upward trend is forming.

On the ecosystem front, positive news continues to emerge. The Cardano Foundation announced a $80 million adoption promotion fund and extended support for the CIP149 subsidy program. More notably, Google Cloud has been reported to have registered a staking pool on the testnet, indicating that major cloud service providers are deeply involved in Cardano's development. Additionally, ADA has been included in the newly launched Nasdaq CME Crypto Index, and the U.S. Securities and Exchange Commission has approved a hybrid crypto ETF product that includes ADA, significantly boosting institutional recognition.

However, risks should not be overlooked. Cardano founder Charles Hoskinson recently warned that the progress of the clear crypto legislation is slower than expected and may not be officially enacted until 2029, meaning the industry will have to endure a long period of regulatory ambiguity. Technically, ADA's short-term overbought signals have already appeared—RSI6 has reached 75.76, and RSI12 is at 71.71—indicating a potential short-term correction after rapid gains. Even more concerning, ADA has already fallen 56% since October, with significant historical volatility. Once the bullish momentum weakens, downward pressure could be released at any time.

ADA9,16%

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YieldFarmRefugee

· 5h ago

ADA's recent rally is a bit questionable. Institutional recognition is a good thing, but I'm still afraid of buying at high levels. Wait, Google Cloud is also coming? Then I need to take a serious look. A 5.8% increase sounds significant, but RSI is already this high. We need to watch out for adjustment risks. ADA is too unpredictable. It dropped 56% in October and now it's rising again? I'll stay on the sidelines for now. The Cardano Foundation invested 80 million dollars, definitely aiming to make a move. It all depends on whether the ecosystem can keep up. RSI at 75 feels like it's about to have problems. Historical experience tells me it's easiest to get caught at this point. The approval of the ETF by institutions is a positive sign, no doubt. But waiting until 2029 for regulation? That's really a dead end. Could this rally be the last wave before a final sell-off? I have a feeling about that. ADA: I just handle the volatility, you guys do whatever. Google Cloud's entry feels different, but it still depends on on-chain activity to speak. Short-term overbought but still rising—what's the point? I'll wait for a correction before jumping back in.

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MiningDisasterSurvivor

· 5h ago

Here we go again, I've heard this narrative before... Starting to boast just by registering a testnet on Google Cloud? Those projects in 2018 also kept releasing "strategic partnership" press releases every day, and what was the result? You're also shamelessly not mentioning the 56% drop, now you're just making pie-in-the-sky predictions with a 5.8% increase, RSI is already overbought and you're still hyping the trend? That's hilarious.

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0xLuckbox

· 5h ago

ADA's recent surge is quite strong, but RSI is almost at 80. Be careful of catching the top. Google Cloud has entered, which is indeed interesting. We need to wait and see the real progress. A 5.8% increase sounds good, but it dropped 56% in October. Stay cautious. Both ETFs and indices, institutional recognition has indeed increased, but the regulatory aspect is still unclear. The moving average crossing sounds very techy, but with such large historical volatility, technical indicators are of little use. Google Cloud involvement—this is a real development or just another round of hype? We need to see what happens next. The increase is good, but the risk is even higher. Short-term correction is a high-probability event.

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StealthMoon

· 5h ago

Wait, did Google Cloud really get involved? This feels a bit exaggerated... Ada's recent rally looks comfortable, but RSI is already this high, be careful of a pullback. Institutional recognition is a good thing, but the regulatory issues are not over yet, 2029? Can we wait that long? A 56% drop in October and now a 5% increase—this pace seems off. How exactly is the 80 million promotion fund being used? Are there details, or is it just another hype? Short-term adjustments are inevitable, just hold on and don't get shaken out. Honestly, Ada's volatility is really scary; those who buy in need to be mentally prepared.

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IfIWereOnChain

· 5h ago

Oops, Google Cloud's entry is quite a big deal, but with RSI so high, you really need to be careful. --- A 5.8% increase sounds tempting, but I’ll wait before jumping in. The historical volatility is so high, I don’t dare to gamble. --- Regulation and overbought signals again. It seems ADA’s current rally might not last too long. --- The Nasdaq Crypto Index has also gone up. It feels like a sign of institutional approval. Long-term, it’s still promising. --- Hoskison said it might be delayed until 2029... Isn’t that an indirect negative signal? How to play in the short term? --- Wait, why is the news about Google Cloud registering for the权益池 only coming out now? Has it already been pumped? --- Breaking RSI 73 is really dangerous. My friend just entered and got caught, and he’s still shouting about it. --- An 80 million promotion fund sounds substantial, but it doesn’t change the fact that regulation is still unclear. --- From a 56% decline, ADA really is a high-risk asset. Short-term rebound and then trying to run. --- ETF approval and index inclusion—feels like the institutions are laying the groundwork. There should be more to come.

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