Tag: Cardano

Hoskinson Claims Cardano Is ‘Still #1’ Crypto, Citing Decentralization And Upcoming Plans

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Este artículo también está disponible en español. The recent Chang hard fork upgrade in September has positioned the Cardano (ADA) blockchain as the top player in the crypto ecosystem, according to its founder, Charles Hoskinson.  Hoskinson, who is also known for his role in co-founding Ethereum (ETH), has consistently praised Cardano’s progress over the past month following the recent upgrade, asserting its superiority over the largest cryptocurrencies on the market such as Bitcoin (BTC) in terms of decentralization. Hoskinson Declares Cardano Remains Top Dog In a recent post on social…

Cardano (ADA) Struggles: Can Bulls Prevent Further Losses?

Cardano price started a fresh decline from the $0.3850 resistance. ADA is consolidating above $0.3350 and might attempt a recovery wave. ADA price started a downward move below the $0.3550 support level. The price is trading below $0.350 and the 100-hourly simple moving average. There is a short-term bearish trend line forming with resistance at $0.3480 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could continue to move down if it stays below the $0.360 resistance zone. Cardano Price Dips Again After testing the…

Cardano Investors Continue to Be Hopeful despite 11% ADA Price Drop

Key Notes If the Cardano (ADA) price recovers past $0.37, it will bring 3.31 billion ADA tokens to profitability. ADA holders remain composed, with minimal panic selling, signaling investor confidence in Cardano’s long-term potential. A breakout above the $0.37 resistance could fuel further gains, while failure to do so might result in more losses. Amid the broader market correction, Cardano’s native cryptocurrency ADA ADA $0.73 24h volatility: 2.1% Market cap: $26.12 B Vol. 24h: $1.16 B is also facing strong selling pressure. As of press time, the ADA price is…

Cardano Completes First Green September Close In 6 Years, What’s The Significance?

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Este artículo también está disponible en español. Cardano (ADA) completed its first green September in six years as the coin enjoyed a price gain of almost 8%. This is significant as the crypto could enjoy an extended rally in October, leading to more price gains for Cardano. Cardano Records First Green September Cryptorank data shows that Cardano has recorded its first green September since it launched in 2017. This raises the possibility of the crypto enjoying an extended rally since it presents a bullish outlook for ADA. Crypto analyst Plutus…

Cardano (ADA) Faces Risk Of 30% Drop – On-Chain Metrics Confirm A Slow Demand

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Este artículo también está disponible en español. Cardano has seen a strong 26% surge following the Federal Reserve’s interest rate cuts announcement two weeks ago, boosting optimism across the crypto market.  Analysts and investors are questioning the sustainability of the recent surge. Despite the initial rally, Cardano’s price failed to close above a key resistance level, signaling potential weakness in the uptrend. Related Reading On-chain data from Santiment reveals a decline in demand for ADA, adding to investor caution. Decreased network activity and buying pressure raise doubts about the sustainability…

Analyst Warns Of A ‘Super Signal’ For Cardano (ADA): Could It Outperform Bitcoin?

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Cardano (ADA) has recently recorded impressive gains of nearly 13% over the past week, outperforming Bitcoin (BTC), the largest cryptocurrency by market capitalization. Analysts are optimistic about further price increases for ADA, particularly following the emergence of a “super signal” on the ADA/BTC trading chart. Cardano Price Tests Key Levels Market expert TrendRider highlighted this potential in a recent post on X (formerly Twitter), noting that the super signal indicates a strong possibility for ADA to gain value against Bitcoin in the upcoming weeks.  This signal carries historical significance, boasting…

Cardano (ADA) Eyes 20% Price Surge – Funding Rate Suggests Increasing Demand

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Este artículo también está disponible en español. Cardano is trading at a crucial supply level that could spark a significant rally to new highs. After last week’s interest rate cut, optimism has surged among analysts and investors, with many anticipating strong upward momentum for the altcoin.  Related Reading This positive sentiment is reflected in spot trading and the futures market, where key data from Coinglass reveals a bullish inclination. The key market sentiment indicator of the funding rate suggests that traders are positioning themselves for a potential breakout. If Cardano…

Crypto Analyst Identifies Cardano Buy Signal And Parabolic Rally To Send ADA Price To $5

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Este artículo también está disponible en español. As the altcoin season approaches, Cardano (ADA) is gaining momentum, having recorded more than a 14% increase in the past week, according to CoinMarketCap. Notably, a crypto analyst has identified a strong buy signal for ADA, suggesting that it could potentially set off a parabolic rally that might drive the price of Cardano to new all-time highs around $5.   Cardano New Buy Signal To Trigger Rally To $5 On September 24, crypto analyst, TradingShot published a detailed analysis and report on Cardano’s price…

Cardano Reclaims Top 10 Crypto Spot, Analysts Set New Targets

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Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities…

Cardano (ADA) Jumps 10%: Is a $0.50 Retest on the Horizon?

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Cardano price started a decent increase above the $0.3620 resistance. ADA is now showing positive signs and might rise further toward $0.420. ADA price started a recovery wave from the $0.3420 level. The price is trading above $0.380 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.3810 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could continue to move up if it remains stable above the $0.3800 support zone. Cardano Price Starts Steady Increase After…