Cardano market awaiting a breakout ADA Price Analysis – 13 December Should the buyers gain more momentum, Cardano will increase and may break up the resistance level of $0.31, also, the resistance level of $0.33 may be penetrated and the resistance level of $0.35 may be reached. When the sellers exert more pressure to break […]
Cardano (ADA), one of the most used smart contract blockchains, saw a 15.6% increase in daily active users in November, despite the collapse of the prominent cryptocurrency exchange FTX, according to research released by crypto analytics company CryptoCompare. Following the implosion of FTX, customers were increasingly shifting their assets away from centralized cryptocurrency platforms and […]
Cardano (ADA) smart contracts have been used more than 300% more this year than they were at this time last year, according to data posted by popular crypto influencer account Altcoin Daily. Charles Hoskinson, the founder of Cardano, mocking those who frequently view ADA transactions as phantoms, remarked sarcastically, “Ghost scripts.” The Amount of #Cardano […]
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Buyer’ pressure may increases in Cardano market ADA Price Analysis – October 18 In case bulls exert more pressure, there may be a bullish reversal at the support level of $0.36 and Cardano may climb to $0.38, $0.40 and $0.41 levels. Should sellers gain more momentum, Cardano may decrease further by penetrate the support level […]
Cardano’s investors had long awaited Vasil hard fork upgrade. The purpose of the upgrade was to make Cardano’s blockchain cheaper. This improvement was expected to cause a pump in the market price. Contrary to this expectation, there was a decline in the price of Ada. The disappointment witnessed after Cardno’s upgrade has made investors double-minded […]
As previously described, a hard fork is an upgrade action taken by a network to move the network in a progressive direction. While many projects occasionally undertake this activity and others do away with it altogether, Cardano (ADA) has made it a duty to implement a hard fork every year. This year, the upcoming hard […]
ADA Price Analysis: September 06 Should the buyers exert more pressure on the market, the resistance level of $0.54 will be penetrated and the resistance levels of $0.69 and $0.90 may be reached. Inability to break up the $0.54 level by the bulls may lead to decrease in price to support levels at $0.47, $0.41 […]
ADA Price Analysis – August 30 Ability to break up the $0.47 level by the bulls may lead to an increase in price to resistance levels at $0.54 and $0.69 levels. The technical indicator relative strength index period 14 is at 43 levels with the signal line pointing upside which indicates a buy signal. ADA/USD […]
Report reports suggest that the launch date of the Cardano (ADA) hard fork has been shifted. Previously slated to launch at the end of July, the update has been postponed indefinitely. This no doubt came as a disappointment to the Cardano community, who have been eagerly anticipating this update for months. The hard fork got […]
