Cryptocurrency News
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 […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
Cardano’s price remained intact in a channel pattern after shedding a lot of loss in five months. It recently found support on the channel’s lower boundary after consolidating for a week. Recovery lies ahead! The much-anticipated correction to the $0.35 level finally occurred last week after a three-week decline. At […]
Cardano fell from a vital resistance level in mid-April after witnessing a steady increase for a month. It has found temporal support, but there’s not enough volatility to initiate a buy. The support may collapse soon. The price of ADA has been on the rise since the start of the […]
After witnessing low volatility for several days, Cardano surpassed a psychological level and printed a new high. It fell throughout this week and shed a 15% loss in a week. But recovery is underway. Before surging through the $0.40 resistance level last week, Cardano witnessed a serious shrink in volatility […]
Cardano’s bullish trajectory remains intact amid the indecisiveness amongst top altcoins. It has formed a double-bottom pattern on the higher time frame but still needs a break to validate a bull run. The crucial $0.4 resistance level has become a strong reverse point for Cardano since it regained momentum in […]
Cardano appears to have found support on a crucial trendline after past weeks of drops. It must reiterate the latest positive actions for the next few days to signal a bullish reversal. After a three-week decline, Cardano finally retested the eight-month descending trendline that got flipped in January. It found […]
Cardano resumed bearish last week after marking a multi-month high at $0.42. After trading calmly above the monthly low for two days, it is now trying to initiate another sell-off due to the latest reduction across the crypto space. The month of February has appeared to be a correction phase […]
The price of Cardano is notably down today due to the sharp dive in Bitcoin’s price. The trend now appears to have shifted in favor of the bears. Cardano has finally taken a downturn after rising by over 50% in the past weeks. Following Bitcoin, it has lost roughly 10% […]
The price of Cardano continued to increase as it joined other top cryptocurrencies in the latest recovery. Alongside Bitcoin, it broke out of a descending channel and struggled for more gains. Cardano recently found local support at $0.24 and slowly bounced back. It started the month on a bullish note, […]
Cardano’s price has dropped off crucial support after trading sideways for weeks. As a result, it has shown a strong sign of weakness again as more negative sentiments could follow the market in the coming days. The latest cut in Bitcoin’s price has made Cardano witness a serious loss in […]
Cardano’s price recovers steadily toward the October low due to Bitcoin’s consolidation around the $17000 level over the past few days. The recovery will likely reach the November drop level if the price keeps rising. This month appeared to be a recovery momentum for Cardano after the price plunged to […]
The past few days have devastated Cardano’s whales and traders as they suffer more losses. This week’s $60 billion losses in the global crypto market also contributed to this effect as the price slips to a 2-year low. Since Cardano retested the $0.43 resistance level earlier this month, it continued […]