Tag Archives: ADABTC

Cardano founder Charles Hoskinson believes the project’s decentralization would act as a “wake-up” call for the industry. In a recent update to the community, Hoskinson said ADA is “substantially more decentralized” than all cryptocurrencies in the market. The exec stressed that the Cardano Improvement Proposal (CIP-1694) – which is a mechanism for on-chain governance that will underpin the Voltaire phase of the network – will prove to be a game-changer in the...

This week, we take a closer look at Ethereum, Ripple, Cardano, Tron, and Litecoin. Ethereum (ETH) Ethereum’s volatility increased this past week but failed to break above the key resistance at $1,820. For this reason, the price is at a similar point to last week. This consolidation under the key resistance is unlikely to last, and bulls appear eager to break away. On Tuesday, buyers briefly took the price over the key level, but sellers were quick to reverse the price action...

With the price consolidating under the key resistance, ADA may attempt a breakout. Key Support levels: $0.36, $0.34 Key Resistance levels: $0.38, $0.40 The price has formed a double bottom with good support at 36 cents. As long as this key level holds, bulls have a good chance to take ADA’s price to the resistance at 38 cents. A breakout above it would confirm the end of this correction that started in April. Chart by TradingViewTrading Volume: The volume continues to be low,...

This week, we take a closer look at Ethereum, Ripple, Cardano, Pepe, and Dogecoin. Ethereum (ETH) With the market in the red, Ethereum has fallen by 7.4% this week. In the process, the key level at $1,800 has turned into a resistance. This highlights a major change in the structure and puts bears in control of the price action. The momentum has turned bearish, and a test of the key support at $1,660 appears likely in the coming week. This becomes increasingly so if Bitcoin...

This week, we take a closer look at Ethereum, Ripple, Cardano, Pepe, and Tron. Ethereum (ETH) This week, Ethereum has retested the support at $1,800. Buyers showed strength and did not allow the price to fall lower, which is why ETH is found at a similar level to last week due to low volatility. The current target for this cryptocurrency is $2,000, which is also a key psychological level. In April, ETH managed to break above it but quickly lost ground once sellers took over...

Bitcoin briefly dipped below $28,000 yesterday but has bounced off and currently sits inches above that line. As it happens quite frequently during the weekends, the trading volumes have declined, and even the more volatile by nature altcoins sit rather silent today. BTC Back Above $28K The start of this week saw some massive price fluctuations. It began with BTC’s price drop to $27,200 on Monday after fake news that Interpol had served Binance CEO CZ with a Red Notice....

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Ethereum continued to move up this week and managed to book a 3.5% price increase. In the process, ETH broke the key resistance at $1,800, which is now acting as support. The next resistance is found at $2,000, and it represents a major psychological level that will likely attract sellers and profit-takers. Momentum continues to favor buyers at this time, but it’s best to...

BTG Pactual – one of Latin America’s largest investment banks – will reportedly launch its own stablecoin, whose value will be tied to the American dollar.  The corporation joined the industry years ago by issuing a security token called ReitBZ and introducing a cryptocurrency exchange in Brazil. The Latest Push According to Reuters, Banco BTG Pactual S.A. (better known as BTG Pactual) will strengthen its presence in the digital asset sector by designing a stablecoin called...

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Litecoin. Ethereum (ETH) Ethereum decided to range this week and booked a slight loss of 1.4%. This flat trend could not muster the energy to hold the price above $1,800, which is the current key resistance. The support is at $1,700, and bulls have done a good job defending this level to date. Therefore, any pullback should find buyers here if the price falls again. Looking ahead, ETH has lost some of...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polkadot. Ethereum (ETH) This week, the market sentiment completely shifted, with bulls taking full control of the price action. ETH rallied by 21%, making it the best performer on our list. This spectacular rally allowed it to break above the key resistance at $1,660, which has now turned into support. With the uptrend in full swing, this cryptocurrency can reach $2,000, which is a key...