Tag: Cardano

Market Analysis

CARDANO PRICE ANALYSIS & PREDICTION (April 19) – Is ADA Poises For Another Sharp Turn Despite Losing 50% In 7 Weeks?

Amid negative market sentiment, Cardano ADA is down 26% weekly despite remaining indecisive for days. But it seemed the supply level is rising again following the current bloodbath – brews for another sell-off. Cardano took a sharp turn six weeks ago after increasing by 2x in five months to tap […]

Market Analysis

CARDANO PRICE ANALYSIS & PREDICTION (April 10) – ADA Faces This Crucial Support Line Again, What Will Happen?

ADA’s bullish trajectory remains intact from a long-term perspective. Hence, it is still undergoing correction as it faces a crucial support line. Failure to regain strength may result in a serious crackdown. Last Thursday, ADA found support (at $0.55) above a crucial ascending trendline after witnessing drawbacks for three weeks. […]

Crypto, News

Digital Asset Investment Products Witness Record Outflow, Bitcoin Leads As Ethereum Sees Whale Activity

Last week, the digital asset market experienced a significant shift as CoinShares reported a record outflow of $942 million from investment products. This marked a departure from seven consecutive weeks of inflows, indicating a notable change in investor sentiment. According to CoinShares, last week saw a record outflow of $942 […]

Market Analysis

CARDANO PRICE ANALYSIS & PREDICTION (February 24) – ADA Preps For A Serious Clampdown Amid Latest Market Loss, Where Next?

Cardano’s ADA price looks set for a fresh drop following recent price rejections. It has posted some notable losses over the past days as it looks poise for a serious clampdown. Following an unexpected price movement this week, ADA has seen a noticeable reduction and at the same time showing […]

Market Analysis

CARDANO PRICE ANALYSIS & PREDICTION (February 17) – ADA’s Recovery Continues But Now Facing A Key Resistance Level 

Cardano’s ADA bounce is becoming stronger following a daily increase since the start of the month. Although it has cooled off buying pressure a bit after facing a key resistance. But a bigger move lies ahead. Following last month’s recovery, which temporarily stopped at $0.54, ADA pulled back into this […]

Market Analysis

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 […]

Crypto, News

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 […]

Market Analysis

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 […]