Cardano Archives - Page 29 of 32

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

September 04, 2021

Cardano (ADA) Resumes a Downward Move as It Faces Rejection at $3.03

Cardano (ADA) Long-Term Analysis: BullishCardano’s (ADA) price has been making an impressive bullish run for the past three days. On September 2, the altcoin rally to a high of $3.10. Buyers could not sustain the bullish momentum as the market reaches the overbought region on September 2. Car...

#ADA #ADA/USD #Cardano #Price Analysis

August 27, 2021

Cardano (ADA) Makes Positive Moves, Retests the Previous Overbought Region at $2.97

Cardano (ADA) Long-Term Analysis: BullishToday, Cardano’s (ADA) price is resuming upward after retracing to the low of $2.47. Buyers have pushed the coin to the high of $2.89. In the previous price action, buyers pushed the altcoin to the high of $2.97 but the market reached the overbought re...

#ADA #ADA/USD #Cardano #Price Analysis