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Cardano Fails to Make a Breakout; Will ADA Sustain Consolidation?
9.8.2022
Cardano blockchain remains under consolidation despite outperforming its competitors. Buyers losing strength near $0.55 creates a scenario for dumping ADA tokens and making a quick buck. Even the moving averages have failed to incite buyers into testing the resistance. Since launching the smart...
Cardano (ADA) Awaits Strong Breakout to Move in a Positive Direction!
3.8.2022
Cardano is currently ranked 8th amongst the leading cryptocurrency market capitalizations. With its huge valuation being limited, ADA requires a huge buying trend to reach its previous all-time highs witnessed in August 2021. Cardano blockchain showcases immense possibilities in replacing exchange...
Cardano Faces the 50 EMA Curve; Will ADA Uptrend Begin?
18.7.2022
Cardano has been among the popular blockchains with a Proof of Stake consensus mechanism, which is capable of bringing a positive change in the dominant ecosystem of the Ethereum blockchain. With fork after fork and progress on its annual roadmap, ADA is projected to continue on a growth...
Cardano Faces Strong Consolidation; Will ADA Reach $0.77?
27.6.2022
Wondering about the factors that can push ADA prices to shoot through the roof? A new upgrade known as the Vasil Hard Fork shall improve the network’s scalability and performance. It will be the next advancement on the Cardano as it attempts to make the blockchain scalable and robust. The...
Cardano (ADA) Attempts to Breach the Negative Regression Zone!
7.6.2022
Cardano holds its 6th position in terms of market capitalization dominating its acceleration even in the bearish crypto market. At a current value of $0.587, ADA is worth $19,800,967,465 at just 75% liquidation of its total supply. The swift price rise of Cardano could be an indication of...
Cardano’s Constant Declines Worries Investors; Will ADA Rise?
2.6.2022
Cardano and its new-age potential to revolutionize the blockchain ecosystem despite the prices hitting historical lows, the growth of decentralized applications and wallets holding ADA has been exceptional. Cardano still holds the sixth position with a market capitalization of $19,586,384,613;...
Cardano’s Price Falling Drastically: Is It Time to Sell ADA?
11.5.2022
Cardano has suffered heavy losses in terms of market capitalization but remains on track to release new updates. Since ADA’s core development is devoid of market value, the Altcoin development is on-track. The recently released Alonzo upgrade has worked wonders on ADA’s fundamental growth. Cardano...
Cardano Reflects Sideways Amidst 8-Month Long Downtrend
28.4.2022
Cardano blockchain and its native cryptocurrency ADA was the brainchild of an ex-ETH co-founder, who ventured into this blockchain to overcome the limitations of Ethereum blockchain. Current developments on ADA are not just limited to its protocol development and improvements in translation speeds....
Cardano Stumbles Below $1; Can ADA Retake the Crown Levels?
23.3.2022
When it comes to market leaders in the cryptocurrency space, Cardano is one of the names that made its presence known to the entire world in 2021. Since moving up above $1 levels, ADA has been periodically breaching its previous highs and presenting itself as a replacement for the decade-old...
Cardano Is Standing at a Strong Support Level
31.1.2022
Along with his former colleague, Charles Hoskinson started the Cardano project in 2015. It uses proof of stake consensus known as Ouroboros. On the other hand, Ethereum relies on proof of work consensus. Indeed Cardano is more eco-friendly and sustainable, while Ethereum is more energy-intensive....
Cardano (ADA) Is a Buy on 2022 Network Growth Plans
12.1.2022
Cardano is a cryptocurrency that focuses on becoming a new standard of crypto design and PoS implementation. 2021 was an eventful year for Cardano because it achieved many milestones. Last year, it was recognized within the world of non-fungible tokens (NFTs) and added smart contracts functionality...
Cardano (ADA): Preparing for a Bullish Run in 2022!
21.12.2021
There are different digital currencies in the market, but Cardano is one of the leading currencies in the crypto world. It is also known as Japanese Ethereum. Experts believe it is one of the most undervalued cryptos in the list of top 10 cryptos. This year, the value of the ADA has skyrocketed....
Cardano (ADA) Shows Recovery but Struggles Around $1.5
7.12.2021
Cardano’s price has taken a bullish momentum after the plunge of December 4. Investors are hoping for a higher high to change the bearish momentum. It may consolidate in this range. Last week Cardano price crashed more than 25%, now it has bounced up to create a support level of around $1.38....
Cardano (ADA) Takes Support to Breach the $2.40 Resistance Level
10.11.2021
Despite holding on to the fourth position, Cardano faces stiff competition from Tether and Solana, which are trading with a market capitalization of $73 billion compared to that of ADA of $74 billion. Comparing the price over the last two months, ADA is certainly in a bad spot with 12% negative...
Cardano Stuck in a Negative Zone; ADA Could Breach Its $2 Support
19.10.2021
Despite losing over 30% of its value from its all-time high of $3.05, Cardano is still holding on to its fourth position amongst the leading cryptocurrencies. This could plainly indicate a decreasing buying sentiment across all cryptocurrencies, except BTC, ETH, and BNB. At present, the market...
Cardano (ADA) has been Mum for the Last Two Weeks!
5.10.2021
The lack of momentum on the ADA counter has slipped from the third spot to the fourth. Cardano is behind Binance Coin by roughly $1 billion. While USDT cryptocurrency is behind ADA by $2.8 billion. These values indicate a tough battle amongst these three cryptocurrencies for the third position....
US Mobile Operator Calls on Cardano
29.9.2021
Dish Network has entered into a strategic partnership with Input Output Global (IOG) to explore the US satellite television and cellular network group ( listed at Nasdaq ) with the help of the Cardano Blockchain. The announcement was made at the Cardano Summit of 2021 according to Cardano price...
COTI to Be the Official Djed Issuer for Cardano
28.9.2021
Djed is a new stablecoin by Cardano, a public blockchain platform. Djed, the algorithm-based stablecoin, uses smart contracts for price stabilization. Therefore, the coin can be used for Decentralized Finance (DeFi) services. Djed keeps a base of reserved coins within the Cardano ecosystem. It...
Cardano (ADA) Stumbles From Its Immediate Resistance of $2.4
24.9.2021
Cardano overtaking Tether in terms of market capitalization is not a small feat. Rather such a position gain comes at a time when the entire crypto market is underselling stress ranging from 10 to 50 percent. ADA holds steady above the market capitalization of $70 billion. Becoming a highly...
Red September: Cardano (ADA) Loses $1 Value So Far!
21.9.2021
Cardano (ADA) has created quite a complicated price action testing new levels on the upper end. But the downhill movement matches up to the positive up move that pushed the ADA price from $2 towards $3. The rally might be short-lived, but the positive scope is not limited by current profit booking....