Adshares (ADS) A Hidden Gem, Enters Downtrend, Suggesting Accumulation Period
The post Adshares (ADS) A Hidden Gem, Enters Downtrend, Suggesting Accumulation Period appeared on BitcoinEthereumNews.com. The cryptocurrency market is warming up again, with prominent assets like BTC, ETH, XRP, and many others posting impressive gains. Adshares (ADS) is grabbing attention due to its fundamental growth as renowned crypto analyst Michael van de Poppe pointed out today. According to metrics shared by the analyst, ADS has witnessed substantial growth in its ecosystem with notable surges in daily transaction volume. Despite this favorable on-chain activity, the altcoin is currently seeing price declines and restating support levels. I’ve mentioned this before. $ADS has fundamentally grown significantly as an ecosystem with a higher amount of transactions being registered on a daily basis. Despite that, price has fallen and is doing a retest. I assume that’s not a bad zone to accumulate. pic.twitter.com/57HOdH1qAn — Michaël van de Poppe (@CryptoMichNL) April 29, 2025 ADS retesting bearish support zones As recognized by the market analyst, Adshares has recorded a substantial increase in expansion in its ecosystem. Despite the growth, the asset is currently experiencing a downward movement as noticed by its current price actions. Its value has been down by 8.3% over the past week and the asset is currently retesting support levels. ADS is currently retesting the support region of $0.385, as per the data. This presents a strong opportunity for strategic accumulation. The data further backs this narrative. Over the past week, transaction volume on the ADS protocol rose by 12.5%, climbing to a mean of 3,200 transactions per day as of today. This interplay of surging transactional activity and price declines suggests that this little-known altcoin has growth potential. Adshares in the accumulation phase As pointed out by Poppe, this price retest indicates a prospective accumulation region for investors seeking to take advantage of the current market condition. This correction phase is due to the formation of a “death…
The post Adshares (ADS) A Hidden Gem, Enters Downtrend, Suggesting Accumulation Period appeared on BitcoinEthereumNews.com.
The cryptocurrency market is warming up again, with prominent assets like BTC, ETH, XRP, and many others posting impressive gains. Adshares (ADS) is grabbing attention due to its fundamental growth as renowned crypto analyst Michael van de Poppe pointed out today. According to metrics shared by the analyst, ADS has witnessed substantial growth in its ecosystem with notable surges in daily transaction volume. Despite this favorable on-chain activity, the altcoin is currently seeing price declines and restating support levels. I’ve mentioned this before. $ADS has fundamentally grown significantly as an ecosystem with a higher amount of transactions being registered on a daily basis. Despite that, price has fallen and is doing a retest. I assume that’s not a bad zone to accumulate. pic.twitter.com/57HOdH1qAn — Michaël van de Poppe (@CryptoMichNL) April 29, 2025 ADS retesting bearish support zones As recognized by the market analyst, Adshares has recorded a substantial increase in expansion in its ecosystem. Despite the growth, the asset is currently experiencing a downward movement as noticed by its current price actions. Its value has been down by 8.3% over the past week and the asset is currently retesting support levels. ADS is currently retesting the support region of $0.385, as per the data. This presents a strong opportunity for strategic accumulation. The data further backs this narrative. Over the past week, transaction volume on the ADS protocol rose by 12.5%, climbing to a mean of 3,200 transactions per day as of today. This interplay of surging transactional activity and price declines suggests that this little-known altcoin has growth potential. Adshares in the accumulation phase As pointed out by Poppe, this price retest indicates a prospective accumulation region for investors seeking to take advantage of the current market condition. This correction phase is due to the formation of a “death…
What's Your Reaction?
