ADA

Is Cardano Eyeing $2 as Its Next Resistance Level?

Cardano Hits $0.63 Following Hoskinson’s Political Announcement, Technical Indicators Signal Caution

Cardano demonstrates significant price volatility following founder Charles Hoskinson’s announcement regarding potential involvement in future US crypto policy development. The market reaction triggers technical warnings as price discovery continues at elevated levels. Cardano shows overextended market conditions Multiple technical indicators suggest overextended market conditions as ADA trades beyond traditional boundaries.

November 11, 2024 1 min read

Cardano Surges Past $0.44 as Whale Activity Hits Three-Month High

Cardano demonstrates remarkable momentum as significant holders drive increased activity amid growing market optimism. This surge represents the first successful breach of long-standing resistance levels since mid-2023. Cardano whale activity analysis On-chain metrics from Santiment reveal unprecedented whale movement, with transactions exceeding $100,000 reaching peak levels unseen since early September.

November 9, 2024 1 min read

Is This Really the Resurgence of Cardano (ADA)?

Bullish green hues overlay most charts in the crypto market as the pioneers near new peaks—Bitcoin (BTC) at its new ATH of $76.9K and Ethereum (ETH) approaching $3K. Among all altcoins, Cardano (ADA) recorded an optimistic 22.77% jump from $0.3613 to a 108-day high of $0.4436. This price surge spurred

November 8, 2024 3 mins read

Can Cardano Break the Supply Zone or Face Another Decline?

Cardano’s Awakening: ADA Eyes $0.81 as Ichimoku Cloud Signals Bullish Break

Cardano (ADA) finds itself at a pivotal juncture after weeks of range-bound trading between $0.31 and $0.36. Recent market activity suggests a significant shift in sentiment, with mounting buying pressure potentially setting the stage for a breakout from this consolidation phase. Currently trading at $0.35, ADA has demonstrated impressive strength

October 30, 2024 2 mins read

Can Cardano (ADA) Stage a Bullish Breakout Prior to November?

Despite the negative turns over the past few days, the broader crypto market has experienced a strong bullish recovery in the past few hours. Bitcoin has pushed certain altcoins up along with its $71K breakout. However, the price of Cardano (ADA) exhibits a notable 2.42% spike over the day. Analysts

October 29, 2024 2 mins read

Can Cardano Break the Supply Zone or Face Another Decline?

Cardano (ADA) is trading at $0.3429, reflecting a 4% decline in the past 24 hours and hitting a weekly low of $0.3396. Over the past month, ADA has dropped by 7%. During this period, its price action has been relatively volatile, with slight declines of 5% over the past week.

October 24, 2024 2 mins read

Cardano’s $1 Dream Fades: 2 Billion ADA Supply Wall Blocks Rally Hopes

Cardano’s promising start to 2024, which saw ADA surge from $0.46 to $0.80 in the first quarter, has given way to a prolonged decline. This reversal of fortune has left investors questioning whether ADA can recapture its early-year momentum or revisit its 2022 price levels. A key obstacle to ADA’s

October 22, 2024 1 min read

: Cardano Price Surge to Two-Month High Amid Mixed Sentiment

Cardano (ADA) Lacks Bullish Momentum, Trapped in $0.33-$0.37 Range

Cardano (ADA) finds itself in a precarious position as it grapples with a persistent lack of bullish momentum, leaving investors uncertain about its near-term trajectory. Despite optimistic expectations for a rally, ADA has struggled to break free from its current consolidation range, with technical indicators and market sentiment providing mixed

October 19, 2024 2 mins read

Cardano (ADA) Eyes Breakout Amid Mixed Market Sentiment

Cardano (ADA) has been experiencing market turbulence, with traders showing caution despite recent bullish attempts. After hitting a two-week high of $0.3711, ADA faced renewed selling pressure, dropping 4.24% in the past 24 hours to $0.3443. Trading volume has also decreased by 39%, further reflecting market hesitation. A key technical

October 17, 2024 2 mins read

Cardano Price Sees Brief Rebound Amid Ongoing Bearish Pressure

Cardano Faces Major Resistance: ADA at Risk of Potential Pullback

Cardano (ADA) finds itself at a critical juncture as it approaches a formidable resistance level, despite recent price appreciation. This resistance stems from a substantial number of addresses holding ADA at unrealized losses, potentially poised to exit their positions. The current market sentiment remains divided, with the possibility of a

October 15, 2024 2 mins read