Share:
Cardano price reached its ATH back in August 2021 and would need another 925% increase to breach it.
Peter Brandt suggests that while the Bitcoin bottom is in, new ATHs should not be expected until Q3 2024.
ADA still has some bullish steam left in it following the 17% rally this week, which could enable it to breach the ...
Share:
Cardano price continues to lag, trading sideways and living below $0.26 for almost two weeks as altcoins move north.
Although momentum is rising, ADA downside potential remains high with a 5% slump in sight toward the floor price of $0.2397.
A break and close above $0.26 would invalidate the bearish outlook.
Cardano (A...
Share:
Cardano price has tested the crucial support at $0.2397 for the fifth time this year amid mounting overhead pressure.
ADA could rise 5% to test the $0.2556 resistance confluence, especially if history is enough to go by.
Meanwhile, on-chain data shows that over 90% of token holders are sitting on unrealized losses, givin...
Share:
Cardano network's Total Value Locked surpassed $150 million, reflecting positive usage from decentralized applications.
This month, Cardano was the top-performing blockchain in terms of development activities, based on Santiment data.
ADA price remains 92% below its all-time high of $3 seen in September 2021.
Cardano, ...
Share:
Cardano price is attempting a recovery rally on higher timeframes after a 35% fall from the July 12 high of $0.3793.
The odds still favor the downside and ADA could fall 5% to test the support floor at $0.2415.
Invalidation of the bearish outlook will occur once the altcoin records a three-day candlestick close above the...
Cardano (ADA), the second-largest proof-of-stake (PoS) blockchain, welcomes a new decentralized protocol to its ecosystem of dApps. With Coinecta, fundraisers, investors and stakers will not need to rely on third-party middlemen to run seed funding campaigns.Coinecta launchpad joins Cardano (ADA) ecosystemCoinecta, a novel decentralized launchpad for Web3 products, kicks off on Cardano (ADA) blockchain. Coinecta is organized to provide a tra...
Matthew Dixon, CEO of Evai recently shared his insights on the market sentiment on the X social media platform, observing a predominant bullishness surrounding XRP among other market commentators. Dixon has acknowledged the potential for a future price surge, but he also voices his caution, choosing to remain vigilant until “overhead resistance is convincingly breached.” According to the analyst, the $0.508 price point appears to be a make-i...
Some on-chain and market metrics are crucial for understanding market health and potential future moves. One such metric, the Sharpe Ratio, has been showing significant improvement, especially for Bitcoin and Ethereum, signaling a recovering market.Sharpe RatioThe Sharpe Ratio is a measure used to understand the return on an investment compared to its risk. The higher the Sharpe Ratio, the better the asset's performance in relation to the ri...
Leading cryptocurrency exchange Kraken is planning to amplify its services by offering trading in U.S.-listed stocks and exchange-traded funds (ETFs), according to a Bloomberg report. This move will position Kraken in direct competition with renowned financial services companies like Robinhood.The new service is set to launch in 2024, and it will be initially available to customers in the U.S. and the U.K. A competitive landscape As reported...
Cardano, the seventh largest cryptocurrency by market capitalization, is now available for on-chain staking on Singapore-based crypto exchange crypto.com.As stated in a blog post, Cardano (ADA) on-chain staking has launched in the crypto.com app in addition to the Avalanche (AVAX), Cronos (CRO), Ethereum (ETH), Solana (SOL) and Polkadot (DOT) blockchains.According to staking rewards, Cardano ranks as the third-largest proof-of-stake (POS) netw...
