Cardano presents trade opportunity at this price – should you take it

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Cardano had a bullish structure on the daily timeframe. It ran into resistance near $0.385 and the bulls were unable to defend the $0.36 level. Cardano [ADA] saw a break in structure and its momentum … Read more

Cardano: Latest planned update could foster ADA rise – on one condition

Cardano is set to implement a new update in February to enhance the network. ADA, despite its recent uptrend, remains undervalued per the MVRV Z score. Tim Harrison, the vice president of Cardano [ADA], dropped hints about an upcoming major release via a tweet on 19 January. The release would impact Cardano’s cryptographic primitives and … Read more

Cardano [ADA] on the verge of more utility with this latest development: Decoding…

The eventual implementation of the CIP-30 proposal could give ADA utility. ADA’s price has been on an uptrend but could soon see a price correction Cardano [ADA] has gotten back into its groove, which bodes well for its ongoing efforts to recover and return to profitability. The next ADA utility may have already been hinted … Read more

Is Cardano’s latest upswing one of its many short bull runs? Decoding…

ADA hit a volume level that it last experienced in November The RSI metric, however, indicated that there might be a price reversal soon After what felt like a turbulent 2022, Cardano [ADA] appeared walked into 2023 on the green side of the market. As 2023 begins, the asset’s rally accumulated significant value and also … Read more

Cardano [ADA] holders will not gain without short-term pain, here’s why

ADA whales and small to medium-sized investors have reduced their ADA holdings in the past few months. On-chain assessments suggested that most ADA holders were logging losses on their holdings at press time.  According to a report from Santiment, small to medium-sized investors holding between 10,000 and 1,000,000 Cardano [ADA] coins have become hesitant to accumulate … Read more

Cardano stands out on the dev activity front; can ADA live up to the hype

ADA’s price action and a few metrics look positive  However, market indicators were against a price hike Cardano’s [ADA] development activity again helped the altcoin step into the limelight as it outperformed Polkadot [DOT]. Recall that DOT has been dominating the market in terms of development activity for quite some time. Apart from Cardano, Polkadot, … Read more

Cardano investors have every reason to be cautious given ADA’s current range

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ADA lost over 50% of its value in the past three months  ADA could continue to trade sideways within the $0.2530 – $0.2682 Cardano [ADA] has traded within the $0.2530-$0.2682 for the past 10 … Read more

Cardano: Will ADA plunge below $0.3? Yes, as per this BTC maximalist who claimed…

Cardano’s price would trade below $0.3 before 2022 ends, according to a Bitcoin maximalist who asked the token holder to sell it for BTC. Price action indicated that ADA might fall further from its current price despite increasing volume  Cardano’s [ADA] deficiency in putting up an extraordinary performance has led to strong criticism from Bitcoin … Read more

What Cardano’s 400% surge in addresses says about the sentiment of ADA investors 

Cardano’s active addresses climbed 4x despite declining market confidence Regardless of the spike, most parts of the ADA ecosystem remained in in the lurch, leaving ADA with less likeliness of exiting the bearish region  Since the investors’ loss of confidence in the market after the FTX crash, there has been little buzz surrounding crypto projects. … Read more

Trying to capitalize on Cardano’s growth? Read this before making a decision

Cardano [ADA] witnessed significant selling pressure after the Vasil Hardfork. However, the platform may find some hope in the coming quarter due to some movements on the NFT front. According to a latest development, Cardano climbed up to rank 3 in terms of NFT volume. Saturday look at the NFT markets👀 🚀Cardano Cardano Cardano🚀Volume is … Read more