Cardano Archives - Page 24 of 32

June 15, 2022

Cardano Market Analysis: ADA Rebounds Mildly as US Fed Rates Uncertainty Lifts

The raging crypto winter has set Cardano (ADA) and the rest of the crypto market on a journey to the bottom, wherever that may be. Over the past six months, the smart contract cryptocurrency has lost about 65% of its value to the persistent downtrend. At press time, the entire crypto market valuati...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

June 11, 2022

Cardano Is in an Upward Correction but Faces Stiff Resistance at $0.65

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in an upward correction as it faces stiff resistance at $0.65 . ADA’s price breaks above the 21-day line SMA and retests the 50-day line SMA. The bulls could not sustain the bullish momentum above the 50-day line SMA as t...

#ADA #ADA/USD #Cardano #Price Analysis

June 08, 2022

IOHK Announcement Sends Cardano (ADA) Soaring Towards $0.0700

Cardano (ADA) currently has 1,003 projects being built on its blockchain, according to a recent announcement from its host company, Input-Output HongKong (IOHK). This increased level of activity on the network has boosted investors’ confidence as ADA rallies. In recent times, reports show tha...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

June 04, 2022

Cardano Surges Ahead but Is Stuck below $0.70 High

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction but is stuck below $0.70 high. ADA price is trading between the moving averages. On May 31, buyers pushed the coin to the high of $0.68 but could not sustain the bullish momentum above the $0.60 high. A...

#ADA #ADA/USD #Cardano #Price Analysis

May 29, 2022

Cardano May Revisit $0.40 Low as It Breaks Current Support at $0.47

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction as it breaks current support at $0.47. ADA price has recovered above the current support as buyers attempt to push the coin upward. For the past week, the altcoin has been trading between $0.40 and $0.6...

#ADA #ADA/USD #Cardano #Price Analysis

May 21, 2022

Cardano Consolidates above $0.50 Support for a Possible Price Rebound

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price has continued its range-bound move for a possible price rebound. After the upward correction, the bulls could not continue above the $0.60 resistance. The crypto slumped to $0.50 and resumed consolidation in the middle of price ra...

#ADA #ADA/USD #Cardano #Price Analysis

May 14, 2022

Cardano Rises from Oversold Region but Struggles below $0.60 High

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward move but struggles below $0.60 high. The cryptocurrency plunged to the low of $0.40 on May 12. The bulls bought the dips as the altcoin resumed upward correction. The upward move reached the high of $0.60 and pull...

#ADA #ADA/USD #Cardano #Price Analysis

May 13, 2022

Cardano Leads Rebound as Crypto Market Detangles from Terra

Cardano (ADA) led the large-cap cryptocurrencies in gains on Friday as the market seemingly moved on from the Terra fiasco. The cryptocurrency currently trades at $0.577 or +22% in the early London session on Friday. That said, the broader market has jumped by 4.3% after recovering by about $60 bil...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

May 10, 2022

Cardano Slumps to 15-Month Low as Bear Cycle Persists

Cardano (ADA) Founder Charles Hoskinson recently asserted that the crypto industry is now in a bear market after he got quizzed on the poor performance of the ADA token. The CEO also noted that no announcement on the project at the moment, would have any effect on the price of the crypto asset. Thi...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis