Tag Archives: ADA

Cardano (ADA) Coin Story: Attempt to Improve what Bitcoin and Ethereum Chose Wrong

Since Bitcoin’s inception in the financial world it has given birth to a new field of ideas and solutions to be explored by many for the issues that are globally met right now. Mostly and tremendously in the currency industry. One of the most influential and respected figures trying to shape-up and improve the crypto-verse by no doubt… Read More »

Will Cardano Follow Ethereum Path of Recovery Like it Choose to Fall

While the world is busy looking at the rise and fall of Ethereum, a coin that has suffered a similar misery is gone unnoticed to a lot of people. Its Cardano (ADA) which to nosedived over 20% in the last week. Cardano’s founder, Charles Hoskinson, who left Ethereum to form his own project saw his ADA rumble under… Read More »

Cardano Price Analysis: ADA/USD Primed for More Gains

Key Highlights ADA price formed a decent support base near the $0.0600 level against the US Dollar (tethered). There was a break above a crucial declining channel with resistance at $0.0680 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may continue to rise in the short term towards the $0.0750 and $0.0800… Read More »

Cardano Price Analysis: ADA/USD Could Test $0.060

Key Highlights ADA price declined further and broke the $0.0700 support level against the US Dollar (tethered). There is a major declining channel in place with resistance at $0.0700 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to break the $0.0620 support area and decline further in the near term.… Read More »

Cardano Price Analysis: ADA/USD Likely To Extend Declines

Key Highlights ADA price is under heavy pressure and it could soon break the $0.0740 support against the US Dollar (tethered). There is a key bearish trend line formed with resistance at $0.0780 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently moving lower and it may soon break the $0.0735… Read More »

Cardano Price Analysis: ADA/USD Recovery Could Be Capped Near $0.092

Key Highlights ADA price declined recently and broke the $0.1000 and $0.0920 support levels against the US Dollar (tethered). A recovery is under way inside an ascending channel with resistance at $0.0915 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair could correct higher, but it may face sellers near $0.0920 or $0.0940… Read More »

Cardano and Zcash Gains Liquidity as Bittrex Adds Support amidst the Red Market

Bittrex, one of the top 50 cryptocurrency exchanges by trade volume around the world, announced using its Twitter handle the decision to enable crypto/fiat trading pairs for Cardano and Zcash. The approval of a crypto-fiat pair is of great importance as it demonstrates the proven trustworthiness of a cryptocurrency as well as its legality and legitimacy. Advertisement Crypto… Read More »

Cardano Price Analysis: ADA/USD Slowly Climbing Toward $0.1100

Key Highlights ADA price found support above the $0.1000 level and it is currently moving higher against the US Dollar (tethered). There is a major bullish trend line in place with support at $0.1050 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to move higher towards the $0.1080 and $0.1100… Read More »

Cardano (ADA) Blockchain Infrastructure Grows More Creating Promising Atmosphere for Investors

The first born out of philosophic research – Cardano (ADA) protocol. Very similar to Ethereum’s PoS mechanism but with improved speed and efficiency the platform delivers more advanced features without stepping down the original idea of crypto – decentralization. While maintaining the balance of the three big ones: Decentralization, Security and Speed, Cardano attempts to improve proportionally forward… Read More »

Cardano Price Analysis: ADA/USD Remains in Range above $0.1000

Key Highlights ADA price traded higher recently above $0.1050 before facing sellers near $0.1100 against the US Dollar (tethered). There was a break below a key bullish trend line with support at $0.1035 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to extend slides towards the $0.1000 and $0.0980 support… Read More »