Amidst a flourishing market in 2024, Cardano faces a turbulent journey, witnessing a stark shift in sentiment. The recent cascade of sell-offs, driven by whales’ waning confidence, has cast a shadow over ADA’s prospects. Investors are eyeing alternative avenues as Cardano battles with a surplus of loss transactions.Top analysts advised
Cardano (ADA), the tenth-largest cryptocurrency by market cap, continues to trade in the bearish zone — down by 22% over the past 30 days. On the 4-hour chart, the RSI (relative strength index) hovers close to the neutral zone, indicated by its reading of 55.4. Meanwhile, the MACD (moving average
The launch of Option2Trade (O2T)’s platform preview has undoubtedly intensified the competition in the cryptocurrency market, particularly impacting Cardano (ADA) and other established altcoins. As Option2Trade (O2T) continues to rally and captivate the crypto community, it serves as a reminder of the constant evolution and the dynamic nature of the
Plaintiffs in a new class-action lawsuit in Canada are claiming that Binance, a cryptocurrency exchange, has broken Canadian securities rules. On April 19, the certification motion for the class-action lawsuit against Binance was published by Ontario’s Superior Court of Justice. The lawsuit claims that Binance provided crypto derivative products to
The cryptocurrency market is poised for a significant bull run in 2024, and savvy investors are seeking alternative tokens that could outperform the industry giants. With a staggering $32 million raised during its presale, Retik Finance (RETIK) emerges as a frontrunner, surpassing the likes of Cardano (ADA), Solana (SOL), and
Cardano (ADA) has witnessed an astonishing 28,372% increase in large holder inflows, a metric that tracks funds entering whale addresses. This surge, which saw inflows skyrocket from 54.93 million ADA on April 13 to an impressive 6.32 billion ADA on April 14, has caught the attention of the cryptocurrency community
The crypto market’s relentless surge has captured the attention of investors worldwide. As the digital asset landscape continues to expand, the question on most investors’ minds is whether Cardano (ADA) will hit the $1 mark in 2024. However, alongside this question, three altcoins, Retik Finance (RETIK), Polygon (MATIC), and Dogecoin
Cardano (ADA) has not been immune to the bearish sentiment, with its price currently lingering around $0.58. However, crypto analyst Ali Martinez remains undeterred by the current market conditions, predicting a significant resurgence for ADA in the near future. Martinez’s bold prediction is based on his analysis of historical patterns
On April 9, Toncoin (TON) overtook Cardano’s ADA token in market valuation, moving up to the position of ninth biggest cryptocurrency as per data from CoinMarketCap. TON surpassed ADA’s $22 billion market size, reaching $23 billion, amidst a strong ongoing rally.. The surge takes place only one day after the
In a recent tweet, analyst Chris O shared two intriguing price scenarios for Cardano (ADA), offering insights into the potential growth of the cryptocurrency in the coming months. Chris O’s analysis has sparked excitement within the Cardano community, as the projections suggest substantial gains for ADA holders. The analyst’s conservative
