Tuesday , March 19 2024
Home / Tag Archives: ADAUSD

Tag Archives: ADAUSD

Top 5 Altcoins to Watch in 2024: Which Cryptocurrency Will Perform Best in the Next Bull Run?

Many industry experts have given their two cents on the future of the crypto market in the next 12 months, and most of them lean bullish. The most common reason is Bitcoin. In April 2024, the cryptocurrency will go through its pre-programmed halving, which will slash block rewards in half. This means that the supply available for miners to sell will effectively decrease by 50%. If the demand for it remains the same or it increases, the price will go up – that’s how markets...

Read More »

Crypto Price Analysis Feb-9: ETH, XRP, ADA, SOL, and BNB

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Ethereum ended the week on a high note with a 9% price increase, making it one of the best performers on our list. In the process, ETH broke the resistance at $2,441 and turned it into support. The current target of this rally is $2,506, which is the next key level on the chart. If the second-largest cryptocurrency breaks that level as well, then it has a clear path...

Read More »

Crypto Price Analysis Feb-2: ETH, XRP, ADA, SOL, and BNB

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Ethereum appears to have found good support at $2,200 and has since returned on an uptrend, closing the week with a 3.6% price increase. The price action looks promising, and buyers are returning to the market. This optimism is also reflected in the daily MACD, which is making higher lows on the histogram. Looking ahead, ETH is working its way back up and could soon...

Read More »

This is ADA’s Most Imminent Support to Watch This Week Following the 15% Crash (Cardano Price Analysis)

Cardano broke below major support as bears took over the market. Key Support levels: $0.38 Key Resistance levels: $0.46, $0.60  1. Key Support Lost ADA lost the support at 46 cents, which has now turned into a key resistance. This is why the price fell by 9% today. Considering the current momentum, the cryptocurrency may make new lows before a recovery can be expected. Chart by TradingView2. Sell Momentum Intensifies This most recent drop took place on increasing volume,...

Read More »

Crypto Price Analysis Dec-8: ETH, XRP, ADA, SOL, and BONK

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and BONK. Ethereum (ETH) ETH’s price booked a 12% increase this past week after it was finally able to escape the ascending triangle that has been forming since 2022. The breakout above $2,150 started this rally, which may not see any significant pullback until $2,500. That is the current target for this move. If buyers remain aggressive, they could aim to take Ethereum to $3,000 after that. Looking...

Read More »

Only 35% of Cardano (ADA) Holders Are in Profit: Data

Cardano (ADA) has been one of the top-performing crypto assets in the market and has notched over 25% in monthly gains. The bullish momentum has, so far, failed to retain ground as more than half of all ADA holders are still reeling under unrealized losses as the eighth-largest crypto by market cap struggles near $0.38. According to IntoTheBlock’s latest data, only 35.71% of ADA holders are in profit, a figure notably lower than other leading protocols. The blockchain...

Read More »

Cardano Maintains Dominance in Developer Activity Charts with Impressive Score: Data

Cardano has witnessed significant development activity in September, with developers consistently fueling the network’s advancement. According to the latest chart posted by CryptoDep using Santiment’s data, Cardano topped the chart for developer activity over the past 30 days with an impressive score of 572, even during the crypto market slowdown. As such, the network continues to eclipse several prominent projects such as Polkadot, Hedera, Chainlink, and Cosmos. Cardano...

Read More »

Crypto Price Analysis Sep-22: ETH, XRP, ADA, SOL, and BNB

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Since June, Ethereum has formed a large ascending triangle. However, yesterday, the price fell under this formation and closed the week with a 2% loss. This puts ETH in a difficult position as it signals this correction may just be starting. There is good support at $1,440 and ETH may test this level before any sustained recover can be had. So far, the price action remains...

Read More »

Cardano’s Transaction Volume up by 1,700% Since January Even as Market Flatlines: Data

Cardano’s native token has recently undergone a notable decline in its value, with its price dropping by approximately 17% over the last month. During the same period, however, the on-chain activity has defied expectations. According to the latest data by Santiment, Cardano’s surging transaction volume is noteworthy, given the contrast with its subdued market value compared to its April peak. ADA has witnessed a 1,700% surge in its weekly on-chain transaction volumes since...

Read More »

US SEC is Not Coming After Cardano (ADA): Charles Hoskinson

Cardano’s founder, Charles Hoskinson, believes the United States Securities and Exchange Commission (SEC) will not come after the project’s native token, ADA. During a recent YouTube interview on Corey Costa’s Crypto Coins, Hoskinson pointed out that there has been no enforcement action against ADA so far, and that would not change because the asset was mentioned as a security in a lawsuit against a crypto exchange. SEC is Not Coming After ADA In two recent lawsuits against...

Read More »