Cardano (ADA) has been gaining attention due to expectations of institutional investment following ETF applications from Canary Capital and Grayscale. However, excitement took a hit when the SEC delayed its decision on the Canary ADA ETF until May 29, creating uncertainty in the market. Amid this development, crypto analyst Dan
After facing a decline over the past week, Cardano (ADA) is showing its first green candle in five days, signaling a potential trend reversal. The daily chart shows an intraday bounce, with ADA testing key Fibonacci levels. Currently, ADA fluctuates between the 50% ($0.6272) and 61.8% ($0.7351) Fibonacci levels, which
The leading altcoin, Cardano (ADA) has been on a rough ride, struggling to hold its ground as traders eye a possible 50% plunge. While its fundamentals remain strong, the price tells a different story. ADA is battling key resistance, and if it loses its critical support level at $0.70- $0.72
Cardano (ADA) has been making headlines as it is showing signs of strong long-term recovery. After experiencing a sharp pullback that saw the price briefly dip below $0.83, ADA rebounded to around $0.88—a 5.8% decline over a 24-hour period that has not deterred its overall upward trend. In fact, ADA
Cardano (ADA) price faced high volatility in the last two months hovering around key EMAs. However, recently it gave a massive breakout above the 50-day and 200-day EMA levels. The breakout demonstrates that buyers have an edge over the sellers. Last week ADA price increased about 38.44% amid the announcement
Cardano founder Charles Hoskinson recently shared his views on the current state of the U.S. crypto reserve during an interview with David Gokhshtein. Speaking about the initial support for five cryptocurrencies—Bitcoin, XRP, Solana, Ethereum, and Cardano—Hoskinson expressed strong confidence in XRP and ADA, calling them safe blue chip cryptos. He
Established assets like Cardano (ADA) and Shiba Inu (SHIB) show indications of recovery and even a little increase as the market of cryptocurrencies develops. Still, many astute investors are focusing on developing projects with great returns in the next bull cycle despite their popularity and fortitude. One such interesting initiative
With an 8.80% surge, the crypto market cap has rebounded to $3.09 trillion. The recent announcement of US President Donald Trump’s Crypto Reserve, which includes Cardano, has reflected a major price surge, rallying over 60.95% after a prolonged downtrend. ADA has reclaimed the $1 and surpassed the level for the
Given the crypto market’s underwhelming performance, attention has shifted to new and emerging cryptocurrencies. Offering a safe haven against market shocks and presenting a minimum 2x gain on listing, DTX Exchange (DTX) has become a new favorite. Meanwhile, the Cardano coin traded downward while the Shiba Inu coin lost key
The broader crypto market is showing bearish signs with over 7% decrease in overall crypto market cap. As Bitcoin fell below the $80,000 mark, fear is spreading across the market. Even the crypto fear and greed index read 21 today, reaffirming the fear sentiment. Meanwhile, Cardano’s ADA price dropped by
