Cardano’s ADA recovery phase appeared ended following a recent rejection. It has formed a bearish pattern on the lower timeframe and is now looking set for a decrease, but selling volume seems low at the moment. The past 8 days have been a sigh of relief for Cardano’s bulls due […]
Tag: Cardano
CARDANO PRICE ANALYSIS & PREDICTION (January 24) – ADA Reaches Lowest Level After 45 Days Trading, More Crackdown Ahead?
Cardano remains in a red on the daily but has managed to recover briefly above the $0.45 level since yesterday. It lost 14% in the past week, but it may continue to dip until it finds strong footing for an increase. Two weeks ago, ADA rejected the $0.617 level and […]
Cardano ($ADA) Takes The Lead Over Ethereum ($ETH) With Surge In Big Transactions
In a noteworthy development, Cardano ($ADA) has emerged as a frontrunner in terms of the volume of substantial transactions over the last 30 days, outshining Ethereum ($ETH) in this unique aspect. This positive shift comes amid the broader market’s collective effort to break free from the persisting downtrend. According to […]
CARDANO PRICE ANALYSIS & PREDICTION (January 18) – ADA’s Bears Target This Key Support Level After Losing 20% In A Month
Cardano lost buzz in December and initiated a drop below the $0.6 level. It attempted this level last week but the price fell back and continued to dip. Now facing a minor support level after shedding a 5% loss in a week. ADA’s short-term bullish ended last month after testing […]
CARDANO PRICE ANALYSIS & PREDICTION (January 6) – ADA Remains Indecisive After Slight Recovery, Calm Before The Storm?
Cardano currently looks bearish following a sudden drop in the global market cap this week. It recovered and remained calm, but the bears are not finished yet as they gather momentum for the next sell-off. Last month, ADA halted a two-month rally after failing to sustain momentum above the $0.68 […]
Cardano Whales Indicate Bullish Momentum Amidst Crypto Boom
As the cryptocurrency space continues to thrive, all eyes are on the potential approval of a Bitcoin Spot Exchange-Traded Fund (ETF) by the US Securities and Exchange Commission (SEC). In the midst of this, Cardano (ADA) has emerged as a noteworthy player in 2024, showcasing significant market momentum through increased […]
CARDANO PRICE ANALYSIS & PREDICTION (December 26) – ADA Forms Pennant Flag, Brewing For Another Increase?
Cardano is trapped in a consolidation phase for almost two weeks due to a lack of interest in the market. In the middle of that, it formed a bullish pennant and looks set for more gains in the future. Two weeks ago, ADA encountered a solid resistance at $0.68 after […]
Cardano’s ADA Market Value Surges, Nearing Yearly High, Hitting Major Market Cap Milestone
Over the last 24 hours, Cardano’s native cryptocurrency, ADA, has experienced a remarkable surge, witnessing an impressive increase in market capitalization exceeding $1 billion. This surge has propelled Cardano to a total market capitalization of $15.83 billion, solidifying its position as the 8th-largest cryptocurrency according to CoinMarketCap. In this recent […]
Cardano’s $ADA Transaction Volume Witnesses Significant Surge
There’s currently a notable shift in the cryptocurrency space, marked by a growing curiosity from institutional investors toward Cardano and its token, ADA. According to recent data, shared by analyst Ali Charts on X, it shows an increasing frequency of substantial transactions within the Cardano ecosystem. Also, this suggests active […]
CARDANO PRICE ANALYSIS & PREDICTION (November 4) – ADA Targets June’s Breakdown Level But Facing Minor Resistance
Cardano’s price recently broke out of structure after trading in a wedge for months. The trend now looks bullish across major timeframes with no signs of weakness. A pullback should be expected if the price drops. During last month’s recovery across the market, ADA surged through a vital resistance and […]
Notable Uptick In Whale Activity On Bitcoin, Ethereum And Cardano
The cryptocurrency market has witnessed a surge in whale activity recently, with several of the top digital assets experiencing their most significant whale transactions in months. Notable among these are Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA). 🐳 Several of #crypto's top assets just had their biggest days of whale […]
Cardano Regains Top Spot In Cryptocurrency Development Activity
Over the past 30 days, Cardano (ADA) has made an impressive resurgence, claiming the top spot in terms of notable GitHub commits and development activity. This shift is indicative of Cardano’s commitment to enhancing its blockchain and ecosystem. Cardano Takes The Lead Cardano, often hailed for its emphasis on academic […]
Altcoins ($AAVE, $ADA, $CRV) Move During Bitcoin’s Price Rebounds: Potential Decoupling Ahead
As Bitcoin briefly surpassed the $28,000 mark to kick off October, the cryptocurrency market witnessed several price rebounds, offering a brief window of profit-taking opportunities. Among the numerous altcoins in the market, three specific ones – Aave ($AAVE), Cardano ($ADA), and Curve DAO Token ($CRV) – garnered significant attention as […]
CARDANO PRICE ANALYSIS & PREDICTION (October 1) – ADA Negotiates Immediate Resistance For More Recovery – Incoming Breakout?
Most altcoins have posted impressive gains since last week due to an enhanced volume across the crypto space. Large-cap like ADA has bounced slightly from its five-month low with 4% gains in one week. In April, Cardano rejected the $0.46 level and started to lose momentum after testing the level […]
Cardano Regains Top Development Activity Slot, Polkadot And Kusama Makes Solid Moves As Well
In 2023, the development landscape in the cryptocurrency space witnessed intriguing dynamics. Polkadot and Kusama, both known for their innovative approaches to blockchain interoperability, initially dominated GitHub activity, showcasing their commitment to continuous improvement and technological advancement. This active involvement signaled their dedication to refining their platforms and fostering a […]
Cardano ADA Trends: Accumulation And Adoption
The recent developments in the Cardano ecosystem are indicative of both market dynamics and blockchain adoption trends. The price of Cardano (ADA) hovering around $0.29 suggests a level of stability and investor interest, although it’s crucial to note that cryptocurrency markets can be highly volatile. Whale Accumulation The accumulation of […]
CARDANO PRICE ANALYSIS & PREDICTION (June 26) – ADA Stalls at $0.30 After Two-Week Push, Signals Bearish Pattern on Hourly
Cardano looks weak today after recording a double-digit gain in the last 7 days. The weakness came after the bulls failed to push higher since last weekend. It may tap more profits if the bulls resume pressure. Last week saw ADA and other altcoins through a significant recovery after dipping […]
Cardano Price Analysis & Prediction (June 1st) – ADA Retests This Channel’s Lower Boundary, as it Negotiates For a Break or Bounce
After witnessing a series of drops in the past weeks, Cardano reached a critical trading area where a major bounce or breakdown may come into play. Now negotiating for the next direction. The price of Cardano looks overstretched following past weeks of negative actions across the market. Due to the […]