Tag: Cardano

Cardano about to rise much higher: analyst

In a YouTube video posted on Dec. 5th, a crypto analyst behind the popular Crypto Capital Venture channel cautioned investors to temper their enthusiasm despite Bitcoin’s recent price rally. “Bitcoin on the daily chart here, defying gravity,” the analyst began, referencing Bitcoin’s upward price movement over the past week. However, he stressed the need to “interject caution throughout this video” for those wanting a more balanced perspective. The analyst explained that while Bitcoin’s (BTC) breakout past $38,500 was impressive, history shows pullbacks are still possible. There was a resistance at…

Bitcoin, Cardano, Ethereum show bull market setup: analyst

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The crypto analyst who runs the YouTube channel Crypto Capital Venture says he remains extremely bullish on Bitcoin and the wider crypto market, but cautioned viewers not to get overly excited amid the latest price surge. “I’m bullish. I’m so bullish,” the analyst, who goes by the name Crypto Capital Venture, stated in a live YouTube video on Sunday. If you’ve been watching my YouTube channel, you know, this is, if we go to the Bitcoin chart zoomed out, you know that on the weekly, on Bitcoin chart, come maybe…

Heavyweight Investors Pile Into Cardano, What’s Next?

Cardano (ADA) has recently caught the attention of large-scale investors, also known as ‘whales.’ Crypto analyst Ali, leveraging on-chain data, has observed a significant uptick in large ADA transactions, typically over $100,000, in the past three months. Ali noted that this growing trend suggests a heightened interest from institutional players and high-net-worth individuals in ADA. The analyst further disclosed that such whale activities have often been precursors of imminent price movements. #Cardano | In the last three months, there’s been a significant increase in $ADA transactions over $100,000, reaching new…

Analyst Expects Bullish Trend For: Bitcoin, Ethereum, And Cardano

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Dan Gambardello predicts a bullish trend for Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) in the current cryptocurrency market. Crypto Analyst On The Bitcoin Rally Dan Gambardello took to his official X (formerly Twitter) handle to share his bullish about the three major cryptocurrencies. The analyst post was accompanied by a video where he explained why he is bullish on these three coins. According to the analyst, positive setups have appeared on the charts of all three cryptocurrencies. At the beginning of the video, Gambardello stated that he believes Bitcoin…

Cardano (ADA) Retests Major Resistance Wall, Will Break Happen?

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On-chain data shows Cardano is currently retesting a major resistance wall, breaking through which might pave the way to higher price levels. Cardano Is Facing On-Chain Resistance At Current Price Levels According to data from the market intelligence platform IntoTheBlock, there appears to be key on-chain resistance around the $0.38 mark. In on-chain analysis, levels are judged to be “resistance” or “support” based on whether they host the cost basis of a significant number of investors or not. The cost basis here naturally refers to the price at which a…

Analyst backs Cardano amid ongoing bullish momentum for Bitcoin and Everlodge

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Ali Martinez expresses optimism about the future of Cardano (ADA), attributing its potential growth to increasing demand. Bitcoin (BTC) has stabilized around the $37,000 level, with analyst remaining bullish. Everlodge (ELDG) is also gaining attention for its potential to disrupt the real estate market. Summary Cardano might reach $0.4413 by year’s 2023 Bitcoin bulls target $42,000 Everlodge supporters expect more growth Cardano may rally above $0.4413 According to crypto analyst Ali Martinez, Cardano might rally in the near future based on positive network adoption signals and rising momentum. #Cardano sits…

Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano

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In the last two months, Bitcoin (BTC), the world’s most valuable cryptocurrency, has been increasingly decoupling from XRP, the native currency of the XRP Ledger (XRPL), and BNB, the coin priming the broader Binance ecosystem. While this pans out, Dogecoin (DOGE) and Cardano (ADA) remain mostly correlated with Bitcoin.  XRP, BNB Decoupling From Bitcoin While rising de-correlation suggests that the market is maturing and becoming more sophisticated, secondary factors could make some of the top altcoins decouple and chart their courses away from the tight grasp of Bitcoin.  Sharing data…

XRP Community And Cardano Founder Engage In Heated Clash

The XRP community and Charles Hoskinson, the founder of Cardano, are currently in the cryptocurrency spotlight as both parties have been involved in a fiery dispute lately. XRP Community And Charles Hoskinson Face Off On Tuesday, November 28, an XRP community member, Mr. Huber, took to X (formerly Twitter) and called out Charles Hoskinson. The post was accompanied by a snippet video of Hoskinson calling the XRP community conspiratorial. The post read: I’m sorry, @IOHK_Charles, but for two years you did everything you could to make the #XRPcommunity to look…

On The Brink Of Breakthrough? Analyst Foresees Cardano (ADA) Hitting New Annual Heights

Market analyst Ali Charts has recently shared insights on the Cardano (ADA) market trajectory. Observing recent trends, ADA appears to be in a bearish phase. In the last 24 hours, mainly, the asset has witnessed a 2.8% decline, resulting in its trading price falling to $0.37. However, despite the current dip, Ali offers an optimistic outlook, suggesting that Cardano may be gearing up for a significant price surge, possibly reaching its highest point for the year. Analyst’s Positive Outlook On ADA: Understanding The Demand Zone In an X post uploaded…

Blast Surpasses Cardano And Base

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Blast is the latest Layer 2 network to burst into the scene in the last week and has taken the decentralized finance (DeFi) world by storm already. This network which seemingly came out of nowhere has backing from Paradigm, and as its popularity has risen, it has surpassed Base and Cardano’s Total Value Locked (TVL) in less than a week after launch. Blast TVL Crosses $565 Million The Blast network was officially announced on November 21 and it quickly garnered support from crypto investors. In the first day, the network…