Cardano Archives - Page 29 of 32

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....

#ADA #ADA/USD #Cardano #Price Analysis

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

October 15, 2021

Cardano (ADA) Is in a Tight Range, Resumes Downward Correction

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction as price breaks below the 21-day SMA. September 20, ADA price has been consolidating above the $ 2.00 support. The upward moves have been facing rejection at the high of $2.30. Presently, Cardano is tra...

#ADA #ADA/USD #Cardano #Price Analysis

October 02, 2021

Cardano (ADA) Holds Above $2.02 Support, Resumes Uptrend

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in an upward move as price breaks above the 21-day SMA. The upward movement will be accelerated if price breaks above the 50-day SMA. ADA is currently rising on the upside. The upside momentum will resume if ADA/USD is sustaine...

#ADA #ADA/USD #Cardano #Price Analysis

September 29, 2021

Cardano To Sink $100 Million into DeFi Projects Utilizing Its Ecosystem

Emurgo, the financial division of Cardano (ADA), has announced its plan to launch the development of Cardano-related products by allocating $100 million to two investment subsidiaries. These investment vehicles will have separate investment mandates but will also add to the expansion of the Cardano...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

September 18, 2021

Cardano (ADA) Finds Support above $2.31, Resumes Upside Momentum

Cardano (ADA) Long-Term Analysis: BullishCardano’s (ADA) price has fallen to the support above the 50-day SMA. Since September 7 breakdown, the crypto has been fluctuating between the 21-day SMA and the 50-day SMA. Today, a bullish candlestick is appearing above the 50-day SMA. If ADA price r...

#ADA #ADA/USD #Cardano #Price Analysis

September 13, 2021

Cardano Falls Despite Alonzo Mainnet Launch

The long wait for the Cardano Alonzo Mainnet update is finally over, as years of research and trials culminated in the launch of the network upgrade on Sunday. This means that the network now supports Smart Contracts (SC), which many development teams can utilize in building and deploying protocols...

#ADA #Alonzo #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

September 12, 2021

Cardano (ADA) Regains Bullish Momentum, Faces Rejection at $2.80

Cardano (ADA) Long-Term Analysis: BullishCardano’s (ADA) price has regained bullish momentum as the altcoin reached the previous $2.71 resistance zone. If the altcoin breaks above the $3.0 resistance zone, it will signal the resumption of the uptrend. Besides, Cardano will rise when the price...

#ADA #ADA/USD #Cardano #Price Analysis

September 08, 2021

Cardano Set to Rollout Smart Contract Functionality on Sunday

The highly-anticipated Cardano Smart Contract functionality could go live on the mainnet on Sunday. IOHK confirmed the upcoming release via Twitter, noting that the Alonzo hard fork kicks off the “start of an exciting new phase in our development as a #smartcontracts network.” Currently, two Cardan...

#ADA #Cardano #CRYPTOCURRENCY #NEWS #TechnicalAnalysis