Cardano (ADA) Analysis and Outlook in January 2021

[tuck-fheman]

Cardano (ADA) - January 2021

It's been a good start to 2021 for Cardano with 85% of HODL'rs in profit and only 6% taking losses.

Key Insights

• Whales and Investors account for 27% of accounts.
• The average hold time is 5 months.
• 179.02K addresses have held for 1+ Year.
• 314.27K addresses have held for 1-12 Months.
• 204.79K addresses have held for less than 1 Month.
• The number of Retail traders has spiked +191.11% in the last 30 days.
• Trading volume has increased 10.61% in January of 2021
  
  

Trading Insights

• Most resistance can be found between 0.368 USD to 0.389 USD.
• Only around 1,300 addresses bought between 0.389 to 0.411.
• Once this area is clear there is very little resistance until 0.63 USD.
• Most addresses currently losing bought around 0.63 USD.

Social Insights

• Telegram activity is at an All-Time High this month.
• Twitter activity is at an ATH this month.
• GitHub Stars is at an ATH this month.
• Search trends are at an ATH this month.
  
  

_Telegram

_Twitter

Comments

[bluerobo]

Nice dashboard. Have a !BEER

[hivebuzz]

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[tuck-fheman]

If you have a favorite coin/token that you'd like to get some insights on feel free to post them in the comments below! No guarantees, but I will try to do at least one (likely the one that receives the most upvotes) mentioned from every post in an upcoming insights post.

[tuck-fheman]