Cardano’s ADA is showing signs of life, trading at $0.80, but it’s too early to call it a full comeback. After a steady climb from a recent low, the coin is now cooling off a bit, and the next few days will show if it can keep pushing up or
Cardano has escaped a multi-week falling wedge pattern that had restricted price movement, suggesting potential upward direction shift according to analyst My Crypto Paradise. The breakout occurs as ADA trades at $0.8021, posting a 7.9% daily gain and extending weekly increases to 11% with monthly growth reaching 34.6%. The falling
Cardano’s price fell 2.35% to $0.72 today, as the crypto market stumbled. But some analysts remain excited about its future. Analyst predicts Cardano could hit $1.35 soon and even reach $5 in a strong bull market. Despite the drop, they see a bullish pattern forming that hints at a big
Cardano has achieved a major development milestone with over 300,000 smart contracts now active on its mainnet, according to data from blockchain analytics platform Alethea. Less than four years have passed since the Plutus programming language’s Alonzo hard fork gave the network smart contract capabilities. The news was brought to
Cardano founder Charles Hoskinson has projected that ADA could outperform Bitcoin through gains ranging from 100x to 1,000x, positioning the blockchain platform for extraordinary price appreciation. The ambitious forecast comes as ADA trades at $0.7804 following recent market volatility triggered by Federal Reserve interest rate decisions. The cryptocurrency recently dipped
Cardano has formed a textbook cup and handle pattern on long-term charts, with analyst Crypto Smith identifying the completion of whale accumulation phases. The technical formation spans from ADA’s $3.10 peak in late 2021 through its $0.24 bottom in December 2022, creating the cup structure. Current price action shows ADA
Cardano founder Charles Hoskinson has declared ADA a superior investment compared to Bitcoin, citing multi-year outperformance data and future growth potential. Speaking with Blockworks co-founder Jason Yanowitz, Hoskinson highlighted Cardano’s 91% annual gains against Bitcoin’s 71% increase over the same period. The Cardano creator emphasized his blockchain’s $30 billion market
Crypto analyst Ivan on Tech has projected that Cardano could execute a vertical price movement toward its 2021 all-time high of $3.09. The prediction comes as ADA trades at $0.84693, maintaining a 2% daily gain while sitting 72.59% below its historical peak. Ivan on Tech’s analysis suggests Cardano possesses the
The crypto market chose to trade on the downside today, with the majority of the assets painted in red. The largest assets, Bitcoin and Ethereum, trade at $118.7K and $3.6K. Among the altcoins, Cardano (ADA) has been trapped in the bear hold, dropping by over 2.97% in the last 24
Exciting strong momentum recently made ADA reach new highs, and it has previously soared up to $3.10, having rallied from a mere low of $0.18 in 2021. The renewed energy arrived amid parallel developments in DeFi activity, staking demand, and technology upgrades inside the Cardano ecosystem. Banking on ADA’s attractive
