Ethereum (ETH) competitor Cardano (ADA) could surge by more than 20% if it convincingly breaks a key supply level, according to a popular crypto trader.

一位受欢迎的加密货币交易商表示，如果以太坊 (ETH) 竞争对手卡尔达诺 (ADA) 令人信服地突破关键供应水平，其价格可能会飙升 20% 以上。

Crypto analyst Ali Martinez tells his nearly 45,000 followers on the social media platform X that ADA “faces a formidable obstacle” in the $0.54 and $0.56 price range.

加密货币分析师 Ali Martinez 在社交媒体平台 X 上告诉他的近 45,000 名粉丝，ADA 在 0.54 美元和 0.56 美元的价格范围内“面临着巨大的障碍”。

According to Martinez, nearly 50,000 addresses purchased approximately 2 billion ADA between these price points, suggesting that the holders may sell their Cardano troves just to get out at break-even prices.

据 Martinez 称，近 50,000 个地址在这些价格点之间购买了大约 20 亿个 ADA，这表明持有者可能会出售他们的卡尔达诺宝藏，只是为了以收支平衡的价格退出。

However, the trader notes that Cardano may witness a burst to the upside if ADA bulls manage to clear the heavy supply level.

然而，该交易员指出，如果 ADA 多头设法清除大量供应水平，卡尔达诺可能会出现大幅上涨。

“Overcoming this resistance could pave the way for a bullish move toward $0.68!”  

“克服这一阻力可能为看涨至 0.68 美元铺平道路！”

ADA is trading around $0.558 at time of writing. The ninth-ranked crypto asset by market cap is up more than 3% in the past 24 hours.

截至撰写本文时，ADA 的交易价格约为 0.558 美元。按市值排名第九的加密资产在过去 24 小时内上涨了 3% 以上。

Last week, Martinez predicted that the price of ADA could go up based on the cryptocurrency’s descending triangle chart pattern.

上周，马丁内斯预测，根据加密货币的下降三角形图表模式，ADA 的价格可能会上涨。

A descending triangle is generally considered a bearish signal as a continuation pattern in an established downtrend, but a breakout in the opposite direction known as a reversal pattern is bullish.

下降三角形通常被认为是看跌信号，因为它是既定下降趋势中的延续模式，但相反方向的突破（称为反转模式）是看涨信号。

Says Martinez,

马丁内斯说，

“A sustained daily close above $0.53 could lead to the start of a 32% rally, potentially pushing $ADA up to $0.68!” 

“每日收盘价持续高于 0.53 美元可能会导致 32% 的上涨，并有可能将 ADA 推升至 0.68 美元！”

Martinez also notes that top memecoin Dogecoin (DOGE) has witnessed a downtick in transaction volume and whale transaction count, which typically indicates lower trading activity.

马丁内斯还指出，顶级模因币狗狗币（DOGE）的交易量和鲸鱼交易数量有所下降，这通常表明交易活动减少。

“This could be a sign that fewer people are buying, selling, or transferring DOGE, possibly due to reduced interest or confidence in it!”

“这可能表明购买、出售或转让 DOGE 的人越来越少，可能是因为对其兴趣或信心下降！”

At time of writing, DOGE is worth $0.082.

截至撰写本文时，DOGE 的价值为 0.082 美元。