Cardano rallied earlier this week, but now the price has hit a key resistance. Key Support levels: $0.31 Key Resistance levels: $0.37 1. Resistance Stops the Rally Since September 7th, the price entered a rally that saw the price quickly move from the 31 cents support to the key resistance at 37 cents. Once Cardano’s…
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Since last week, Ethereum’s price has remained close to the key resistance at $2,400. Buyers are still trying to reclaim that level as support, but they lack momentum right now, which is why the asset hasn’t moved much…
TL;DR ADA’s valuation surpassed $0.35 for the first time this month, while Cardano’s network witnessed a rise of some essential indicators. The RSI, on the other hand, recently entered an overbought territory, signaling a potential price correction. ADA’s Solid Performance Cardano’s native token has performed quite well in the past few days, witnessing a 10%…
Este artĂculo tambiĂ©n está disponible en español. In August, the Cardano (ADA) ecosystem experienced significant growth across several key metrics, coinciding with the anticipated Chang upgrade, which was successfully implemented on September 1. Despite the bearish market sentiment that affected ADA’s price during this period, the Cardano Foundation reported increased investor activity and blockchain usage….
Este artĂculo tambiĂ©n está disponible en español. Cardano (ADA) is currently trading just below a critical resistance level at $0.33 after a week of intense fear and uncertainty in the market. However, on-chain data from IntoTheBlock suggests that some investors see this as a potential buying opportunity, anticipating a market recovery in the near future. …
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Ethereum continued its downtrend this week and broke below the key support at $2,400, closing with a 6% loss. This puts bears back in charge of the price action. If buyers don’t show up soon, ETH may go…
TL;DR Cardano (ADA) was among the cryptocurrencies experiencing the highest increase in social volume at the start of this week. Ripple (XRP) and Solana (SOL), which were previously trending, did not make the list this time. Here Are the Leaders According to crypto analytics platform Santiment, Bitcoin (BTC), Cardano (ADA), and Velo Protocol (VELO) have…
Layer-1 blockchain Cardano, founded by Ethereum co-founder Charles Hoskinson, has completed its much-anticipated Chang hard fork, entering the final stages of the project’s development dubbed Voltaire era (the last era of the blockchain’s roadmap, focusing on decentralized governance). Completed on September 1, at 21:44 UTC at block 10764778, the upgrade will transform Cardano’s governance, where…
Like Solana, Cardano is an Ethereum competitor for smart contracts powered by blockchain techniques. But Cardano critics have said that it is overly centralized for a cryptocurrency. As a result, Solana has overtaken Cardano in total market capitalization, and Avalanche (AVAX) is close behind. The market’s favor for Solana has been especially pronounced in meme…
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) This week, Ethereum re-tested the support at $2,400, and so far, buyers managed to defend this level well. On Thursday, ETH managed to recover some of the recent losses and spiked toward $2,600 again but was stopped there…
According to a recent report by data intelligence firm Messari, Cardano and its native token, ADA, experienced a notable decline in the second quarter (Q2) of 2024, reflecting the broader downturn affecting the cryptocurrency market. Key performance indicators also showed significant decreases in various metrics. Price Plunge, Market Cap Dips To $14 Billion According to…
TL;DR One analyst believes XRP could see a further surge, potentially reaching $2 if it breaks key resistance levels. Cardano’s ADA saw a price surge, briefly surpassing $0.40, driven by anticipation of the upcoming Chang Hard Fork upgrade. Bitcoin (BTC) surged near $64,500 following expectations of a potential interest rate cut by the US Federal…
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) There is a lot of hope that Ethereum will recover and enter a rally again, but so far, the price action does not give a clear picture of whether this can happen anytime soon. ETH also closed the…
TL;DR Cardano’s ADA has risen by 33% since the August 5 crash, with potential for further growth depending on broader market trends and other factors. An upcoming Cardano hard fork focused on decentralization and community-driven governance could also boost ADA’s price. Is There a Chance? Cardano’s ADA has experienced a substantial resurgence lately, with its…
Cardano surprised the market with a quick rush to the 37 cents resistance. At this rate, a breakout is in the cards. Key Support levels: $0.31 Key Resistance levels: $0.37 1. Buyers are Pressuring the Key Resistance With the price back on the offensive, the resistance at 37 cents is now under pressure. Another push…
TL;DR ADA’s price has increased by 9% ahead of the upcoming Chang Hard Fork upgrade set for August 27. Shiba Inu has gained additional support from Kraken, which added SHIB/EUR to its margin trading program. Bitcoin’s price has been volatile, hovering between $57,000 and $61,500, currently trading at approximately $60,800. Cardano’s Upcoming Update Cardano’s ADA…
Cardano has been one of the better performers in the past 24 hours, increasing by as much as 4% and pushing above $0.35. It appears that this move comes on the back of increased bullish sentiment for the cryptocurrency, unlike that of XRP – another altcoin with a massive community. Ripple (XRP) v. Cardano (ADA):…