Cardano has its price staying above its last support zone. The alt seems primed for a more than 40% downside move. Though upward possibilities exist, they need substantial participation by bulls. Cardano’s price appears ready for massive downward actions from the $0.76 vicinity. Everything seems to support crashes for the token. From Ichimoku, Volume Profile,…
The crypto market crashed today, alts such as Avalanche and Cardano tumbling more than Bitcoin. The world’s leading crypto lost more than 7% to $39,417. Remember, BTC has never crashed beneath $40K since 16 March. Ethereum, the 2nd-largest digital coin by market value, lost over 6% to lose the $3,000 mark. Also, the meme crypto…
Shiba Inu and Dogecoin saw bullish moves during the weekend, with SHIB gaining approximately 8.20% over the past day. The leading meme coins led gainers after trailing broad markets amid Friday sessions. SHIB and DOGE overpowering their 100-day exponential moving averages had vital technical indicators turning bullish. Dogecoin and Shiba Inu displayed bullish motions on…
Cardano’s total value locked gains 194,000% since 2022 January. A renowned Cardano fan tweeted about the impressive growth in TVL of ADA locked in various DEC within two months. Cardano_Whale, a Twitter user, posted ADA total value locked in Cardano has increased by 194,000% since 7 January 2022. The update shows AD’s total value locked…
Cardano’s price could not sustain its upward moves, leading to a 37% fall within the previous month. The alt might lose 20% towards $0.80 if it fails to keep the psychological area of $1. A 24hr candle close beyond the 50-day Simple Moving Average at $1.20 will reveal a potential upward move. Cardano’s price exhibited…
DOT price lost over 5% within the last 24 hours, moving to the lows of $21.21. Trading volume surged around 25%, confirming the bearish case. Sellers set stop-losses at today’s peak of $23, eyeing profit-taking. Polkadot (DOT) remains largely bearish today as the alternative token lost more than 5%, hitting low levels of $21.21. The…
Cardano records a lucrative recovery rate amid a 20% rally over the last ten days. Transaction and technical data indicate a temporary surge to $1.26 A 24hr candle close beneath $1 will cancel the bullish case with further declines. Cardano (ADA) presents bullish signs. However, the resulting uptrend will likely persist because of the many…
Cardano’s price experienced an approximately 53% weekly surge after hitting the demand zone, stretching from $1.02 to $1.20. The upward move has ADA in the $1.54 – $1.76 supply area, pausing its upward rally. A 6-hour candle close beyond $1.76 will violate the bearish case. Cardano (ADA) saw a remarkable price surge within the…
ADA price has printed a bottom reversal formation, indicating a possible 14% hike. On-chain data confirms the potential surge, but ADA will hardly sustain the rally. Breaching the support floor at $1.20 will erase the bullish narrative. Cardano’s (ADA) price has created a bottom reversal setup, suggesting a potential trend shift. Bouncing off the closest…
For the time being, Cardano is not doing very well on the cryptocurrency leader board. The native token of Cardano, ADA, has been overtaken by SOL native to the Solana network. This recent event has sparked debate and controversy among the Cardano traders. To address the issue, Cardano founder Charles Hoskinson has hosted a live…
On Thursday, Bitcoin dropped 2.8% to trade near $45,813.90. With that, most altcoins registered downswings. The BTC rival, ETH, lost 1.13% plunging to $3,474.44. With such actions, the flagship token had its market capitalization stands at $861.7 billion, while Ethereum’s is $408.062 billion. El Salvador partially contributed to the current market crash. The Latin American…
