March 25, 2022

Coinbase Announces Cardano Staking, ADA Breaks Bearish Jinx

The largest cryptocurrency exchange in the US, Coinbase, has announced the introduction of Cardano (ADA) into its staking basket and assuring an annual percentage yield (APY) of up to 3.75%. The blockchain protocol cryptocurrency reacted positively to the announcement, shooting up by double-digit g...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #Technicalanlysis

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March 18, 2022

Cardano Rebounds but It Is Stuck at the $0.85 High

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction as price is stuck at the $0.85 high. Cardano is likely to reclaim the $1.00 crucial support if price breaks above the 21-day line moving average. Today, the bulls are retesting the 21-day line moving av...

#ADA #ADA/USD #Cardano #Price Analysis

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March 04, 2022

Cardano Is in a Downward Correction but Risks Further Decline to $0.74

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downtrend but risk further decline to $0.74 . Today, ADA price has fallen to the low of $0.84. However, since February 21, ADA/USD has been trading above the $0.85 support. Buyers have been defending the current support. H...

#ADA #ADA/USD #Cardano #Price Analysis

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February 25, 2022

Cardano Rebounds above $0.74 as Bulls Attempt to Reclaim the $1.00

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction as bulls attempt to reclaim the $1.00 . After losing the $1.00 crucial support, Cardano has been consolidating above the $0.85 support since February 21. However, on February 24, ADA price plunged to $0...

#ADA #ADA/USD #Cardano #Price Analysis

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February 19, 2022

Cardano (ADA) Loses Crucial Support, May Reach the Low of $0.80

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction as it may reach the low of $0.80. On February 15, buyers attempted to push ADA price above the 21-day moving average but were resisted. For the past three days, ADA has been declining from the high of $...

#ADA #ADA/USD #Cardano #Price Analysis

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February 12, 2022

Cardano (ADA) Finds Support above $1.00 as the Altcoin Faces Rejection at $1.20

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price has resumed downward correction as altcoin faces rejection at $1.20. The bears have broken below the moving averages. The altcoin fell to the crucial support at $1.00 price level. Before now on February 7, the bulls broke the 21-d...

#ADA #ADA/USD #Cardano #Price Analysis

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February 05, 2022

Cardano (ADA) Reaches an Overbought Region, Unable to Break the $1.17 High

 Cardano (ADA) Long-Term Analysis: BearishToday, Cardano’s (ADA) price rebounded above the $1.00 support but unable to break the $1.17 High. The bulls could not sustain the bullish momentum above the recent high. Incidentally, the 21-day line moving average is acting as resistance to the cryp...

#ADA #ADA/USD #Cardano #Price Analysis

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February 04, 2022

Cardano Crosses Three Million Wallets Milestone Amid Heightened Transaction Volume

Cardano (ADA) has recorded yet another milestone as reports from the Cardano Community Twitter page announced that the network has surpassed three million wallets. For context, the blockchain crossed one million wallets last May, roughly eight months ago. Based on the report posted by the official ...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

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February 02, 2022

Cardano to Process More Transactions As Network Boosts Optimization

Input-Output Hong Kong, the organization behind Cardano (ADA), recently announced that the block size of the network could record an 11% jump in the near term, as the network amped up its optimization endeavors. IOHK reported via a series of tweets yesterday that the total block size will grow to 8...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

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