Cardano Dev Claims Unilabs (UNIL) DeFi Asset Manager Is on Track for Big Q3
The post Cardano Dev Claims Unilabs (UNIL) DeFi Asset Manager Is on Track for Big Q3 appeared on BitcoinEthereumNews.com.
Bitcoin recently crossed the $100k mark for the second time in history, drawing significant attention from traditional investors who are now turning to Web3 for potentially massive returns. Among the most talked-about projects is Unilabs, a platform that combines AI-driven intelligence with Web3 assets to offer innovative solutions in DeFi asset management. The project’s groundbreaking approach has caught the eye of Cardano developers, further cementing its place in the crypto space. Unilabs has made a strong entrance, and its presale is already attracting considerable interest, raising over $100k in just under a month from both investors and whales eager to get involved. ADA’s Price Increases as Cardano Whales are Rushing In to Buy More ADA’s price has experienced a strong rally, rising from $0.66 to $0.85, mainly driven by whale activity. On-chain data shows holders between 100 million and 1 billion have accumulated over 40 million Cardano tokens over just two days. This surge coincided with ADA’s price breaking out of a descending channel. This pushed the price past $0.80 and is nearing key resistance at $0.85. While the rally shows strength, Cardano’s MACD histogram is indicating a potential slowdown in momentum. Key support is now at $0.75, the level where the breakout occurred. ADA’s price may consolidate around $0.82 and attempt another push toward $0.85 if it can maintain this support. A breakout above $0.85 could mean Cardano will soon target $0.90. Momentum could shift if Cardano falls below $0.75. In that case, the ADA price may drop to the next support at $0.70. Data from CoinGlass reveals a significant short position cluster forming around $0.90 for Cardano, suggesting that a breakout above the $0.805–$0.875 range may trigger a short squeeze, leading to sharp upward volatility. In the short term, ADA’s price depends on whether it holds the $0.75…
