Cryptocurrency News
Cardano’s ADA general outlook remains bullish on the daily following a 3x increase in a month. However, it has been facing hurdles for some days now due to low demand. Breaking up should drive more gains in the future. The last two weeks of trading have been a tough moment […]
The Cardano (ADA) blockchain has reached a major milestone, surpassing 100 million transactions. This achievement highlights the platform’s growing adoption and rapid development. In November, ADA experienced a remarkable 216% price increase, alongside a surge of 2.65 million new transactions. This brought the total transaction count to an impressive 100.57 […]
Cardano’s ADA has seen a stellar performance in the past weeks as the price rallied by roughly 200% to over $1 last week. Losing momentum briefly, it resurged this week but is yet to break higher due to a rejection. The recent surge in ADA’s price has been remarkable as […]
Cardano’s native token, $ADA, has surged past the $1 mark, signaling the onset of a potential bull run. However, the price milestone is just one part of the story, as on-chain data reveals intriguing trends within the Cardano ecosystem. The network has recently recorded over 840,000 transactions, with total transaction […]
Cardano ($ADA) has reclaimed the $1 milestone, marking a significant recovery. While its price is consolidating after the recent rally, the network is showing signs of robust growth, fueling speculation about a potential larger breakout. $ADA finally reclaimed the $1 level this weekend, and while price is consolidating now, network […]
As volatility moves heavily into altcoins this week, ADA broke through several resistance levels to a new multi-week high today. It looks super bullish on the daily chart as market sentiment turns positive. ADA’s landscape appeared to be changing to the upside on the daily chart following a fresh increase […]
Amid the latest market surge, ADA saw its major recovery this week as the price broke out from a long consolidation phase. It now appears extremely bullish on the daily chart, having touched a seven-month high. After subjecting bearish correction to a sideway trend in August, ADA’s price entered a […]
Cardano’s Network Value to Transactions (NVT) ratio has recently spiked to its highest level since June, signaling a concerning trend: on-chain activity has slowed relative to ADA’s price growth. This heightened NVT ratio is often viewed as a classic sign of overvaluation, and it’s particularly noteworthy in light of ADA’s […]
As many altcoins shed losses amid the latest market fall, Cardano holds gain and continues to show strength daily. It is footing an upward movement but faces a minor resistance level. Since the price bounced back above $0.33 earlier this month, ADA has been struggling to regain momentum despite notable […]
Cardano’s short-term outlook is slowly turning bullish, following a new reversal pattern in the daily timeframe. The buyers look stuck after failing to overcome a key resistance level during yesterday’s surge. After a short pullback into the $0.32 range in the mid-month, Cardano climbed back and continued to post gains […]
ADA’s bearish trajectory continued to suspend daily due to a recent bounce off a ten-month low. Despite appearing weak on the macro level, it has registered an impressive gain in the past week. Following last week’s bounce that led most altcoins into their minor gains this week, Cardano also posted […]
Cardano recently surpassed $6 billion in transaction volume within the last 24 hours, marking a significant milestone for the blockchain platform, according to data from @intotheblock. This impressive achievement coincides with the two-year anniversary of the Alonzo Hard Fork, a transformative event in the history of Cardano. JUST IN: Cardano […]
As traders eagerly await a possible rebound in Bitcoin and the broader crypto market, three notable assets—Cardano (ADA), Quant (QNT), and Holo (HOT)—have seen a sudden spike in address activity. Historically, when coins experiencing a decline in value suddenly witness such activity increases, it often indicates a potential price bounce. […]
After remaining relatively calm throughout last week, Cardano regained momentum and advanced buying near a key level today. while the bulls appeared back in action, the trend remains bearish on a mid-term scale. Starting this month on a bearish note, ADA dumped to the $0.28 level and later bounced back […]
Last month saw Cardano through a small relief period after undergoing a two-week bounce off a key low level. However, it later encountered resistance and slowly resumed bearish momentum daily. ADA’s market structure has continued to turn bearish on a daily scale due to a lot of deductions in the […]
Cardano’s ($ADA) transaction volume in USD has been on a downtrend since March. Data from Santiment shows that Cardano’s daily transaction volume has consistently made lower highs, consolidating a downward pattern. In the last 24 hours, Cardano transacted $1.53 billion, a stark contrast to the over $11.56 billion confirmed during […]
ADA has continued to suspend bearish momentum following the latest buying pressure, although there is no certainty if it will last long. A surge above the monthly high could trigger a new positive sentiment. Following this month’s recovery from a low of $0.317 to a high of $0.45, which led […]
In the ongoing market recovery, Cardano has increased by roughly 16% in the past week of trading but the trend remains bearish on the monthly outlook. It may resume selling pressure if the supply level increases. Cardano has technically suspended selling pressure for more than a week and as we […]