Cardano Archives - Page 28 of 32

December 08, 2021

Cardano Struggles to Regain Bullish Traction Despite Breaking the 1 Million-Holder Milestone

Cardano (ADA) slumped by over 32% between December 2 and December 4 amid the marketwide flash crash. That said, the sixth-largest cryptocurrency has rebounded from this drop but continues to battle bearish sentiment. ADA resumed a bearish move on Wednesday as Bitcoin fell below $50K. As a result, C...

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December 03, 2021

Cardano (ADA) Is in a Downward Correction, Fluctuating Between $1.40 and $1.80

Cardano (ADA) Long-Term Analysis: Bearish On November 28, Cardano’s (ADA) price is in a downtrend as the price fell to the low of $1.41. The $1.41 low is the previous low of August 8. On November 28, the price corrected upward but was resisted at the `$1.80 high. This rejection may cause ADA ...

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December 03, 2021

Cardano CEO Praises Network’s Integrity Amid MonoX Hack

Cardano (ADA) CEO Charles Hoskinson has commented on the recent hacking around the DeFi platform MonoX Finance, using it as an avenue to boast about Cardano’s self-acclaimed superiority over Ethereum and other Smart Contract blockchains. On Wednesday, MonoX became the latest victim of a hack that s...

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November 26, 2021

Cardano (ADA) Slumps to $1.49 Low, Resumes Upward

Cardano (ADA) Long-Term Analysis: Bearish Cardano’s (ADA) price is in a downward move. The downtrend has reached bearish exhaustion as the altcoin fell to the oversold region. Today, ADA is trading at $1.57 at the time of writing. The candlestick has a long tail pointing to the $1.50 support....

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November 19, 2021

Cardano (ADA) Pushes on the Upside; Can Bulls Overcome $2.20 Resistance?

Cardano (ADA) Long-Term Analysis: Bearish Cardano’s (ADA) price is in a downward move as price dropped to $1.70 low. The bulls bought the dips as the market resumes an upward move. The current selling pressure has subsided as the market resumes an upward move. Buyers have to push Cardano abov...

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November 13, 2021

Cardano (ADA) Finds Support above $2.00, Continues Its Sideways Move

Cardano (ADA) Long-Term Analysis: RangingCardano’s (ADA) price is still in a sideways move. The price bars are above the 21-day SMA but below the 50-day SMA. On November 9, ADA price rebounded above the $2.0 support as price broke above the moving averages. The bullish momentum was stalled at...

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November 05, 2021

Cardano (ADA) Consolidates Above $1.80 as Bulls and Bears Consider Next Move

Cardano (ADA) Long-Term Analysis: RangingCardano’s (ADA) price is trading below the moving averages. The cryptocurrency is prone to further downsides. Since September 7, the crypto is range bound between $1.80 and $2.60 price levels. The price bars are above the current support but below the ...

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October 29, 2021

Cardano (ADA) Declines to Previous Low at $1.91, May Resume Upward

Cardano (ADA) Long-Term Analysis: BearishCardano (ADA) price has resumed downward move as price breaks below the lower price range. The bears pushed ADA price to the previous low at $1.91 and then resumed upward. The selling pressure will continue if the bears break below the previous low at $1.91....

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October 22, 2021

Cardano (ADA) In a Choppy Price Action as Bulls and Bears Show Indifference

Cardano (ADA) Long-Term Analysis: RangingCardano (ADA) price is trading in the bearish trend zone and has resumed a range-bound move. The cryptocurrency fluctuates between $1.90 and $2.60. The price movement is insignificant as the price action is characterized by small body indecisive candlesticks...

#ADA #ADA/USD #Cardano #Price Analysis