ADA Price Analysis – March 30 When the bulls are able to push up the price above $1.23 level, the resistance at $1.46 and $1.68 will be the target. Inability to break up the $1.23 level by the bulls may result to further price consolidation. The support levels below current price are found at $1.11, […]
Charles Hoskinson, the founder of Cardano (ADA), recently announced that the company is witnessing “overwhelming demand” despite it still being in the second phase of its Goguen upgrade. Hoskinson noted that Cardano does not have the programmability facility at the moment, nor the smart contracts needed to meet the demand, but that didn’t stop companies […]
ADA Price Analysis – March 23 In case the buyers gain more momentum and the daily candle close above $1.23 level, ADA/USD may increase to $1.46 which may later test $1.46 level. In case the buyers were unable to penetrate the $1.23 level, then, price may decrease towards the support level at $1.11, $0.98 and […]
Cardano (ADA) has come into the spotlight following Coinbase’s announcement that it plans on listing the cryptocurrency on its retail platform, which triggered a +30% spike in the cryptocurrency. Before the news release, ADA had been trading in a sideways momentum for more than two weeks. That said, the third-largest cryptocurrency will become one of […]
Just two weeks after FD7 Ventures—a cryptocurrency-based investment fund led by Prakash Chand—announced that it was launching a $250 million fund in India geared towards investing in Cardano (ADA) and Polkadot, a recent report by Businesswire revealed that Chand was undertaking another Cardano project in Africa. In a joint effort with FD7, Ask The Doctor—a […]
ADA Price Analysis – March 15 Should the sellers gain enough momentum and the daily candle closes below $0.98 level, ADA/USD may decrease to $0.83 which may extend to $0.73 level. In case the sellers were unable to penetrate the $0.98 level, then, price increase towards the resistance level at $1.11, $1.23 and $1.46 is […]
ADA Price Analysis – March 09 Should the buyers gain enough momentum and the daily candle closes above $1.2 level, ADA/USD may increase to $1.4 – $1.6 levels. In case the sellers defend the $1.2 level, the bears’ pressure may likely reduce the price. ADA/USD Market Key Levels: Resistance levels: $1.2, $1.4, $1.6 Support levels: […]
Cardano announced yesterday that it has successfully implemented an upgrade to its network, noting that this is a crucial milestone. The company mentioned that the update introduces Goguen features of native token functionality and multi-asset support. Goguen is a significant upgrade on the Cardano roadmap and introduces smart contracts and enables users to build dApps. […]
ADA Price Analysis – March 02 Should the bears further increase their momentum and push the price to the support level of $1.11, then, $0.98 level may be tested. In case the price is rejected at the $1.23 level, the price may continue bullish movement. The resistance level can be found at $1.46, $1.68, and […]
