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Tag Archives: ADAUSD

Top 10 Cryptocurrencies by ‘Notable Development Activity’ (Santiment)

TL;DR Internet Computer (ICP) came first for the second time in a row. Cardano (ADA), whose price spiked substantially in the past weeks, is also included in the top 10 list. The Latest Ranking Crypto analytics platform Santiment estimated that Internet Computer (ICP) ranked first in terms of “notable development activity” in the last 30 days, with a score of 740.7. The token also topped last month’s ranking. ICP experienced a substantial uptick in the past year, with its...

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Cardano (ADA) Price Prediction and Overview for This Week

Cardano rallied earlier this week, but now the price has hit a key resistance. Key Support levels: $0.31 Key Resistance levels: $0.37 1. Resistance Stops the Rally Since September 7th, the price entered a rally that saw the price quickly move from the 31 cents support to the key resistance at 37 cents. Once Cardano’s price approached the key resistance, sellers returned and managed to turn around the price action into a corrective move. Chart by TradingView2. Short-Term...

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Which Will Perform Better in 2024: Ripple (XRP) or Cardano (ADA), 4 Arguments from ChatGPT

The advancement of AI-based solutions in 2024 is undeniable, and we decided to poke OpenAI’s ChatGPT on a topic that’s quite interesting for many cryptocurrency enthusiasts. Ripple and Cardano both have devoted communities, and it’s interesting to see what an impartial AI chatbot considers when determining which crypto will perform better throughout the rest of the year. So, we asked it: Source: ChatGPTChatGPT returned four reasonably interesting arguments, but before we take...

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Can Cardano (ADA) Reach $0.50 Before the End of August? (ChatGPT Analyzes)

TL;DR Cardano’s ADA has risen by 33% since the August 5 crash, with potential for further growth depending on broader market trends and other factors. An upcoming Cardano hard fork focused on decentralization and community-driven governance could also boost ADA’s price. Is There a Chance? Cardano’s ADA has experienced a substantial resurgence lately, with its price rising by around 10% on a two-week scale. Currently, it trades at around $0.36 (per CoinGecko’s data),...

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Cardano Price Predictions: Is ADA Ready for a 70% Rally in the Coming Days?

TL;DR Cardano (ADA) rose 4% this week, with one analyst predicting a potential 70% spike due to a bullish pattern. Indicators suggest the asset could see further gains, with some signaling a significant price increase by early 2025. Is It Time for ADA to Shine? Most leading cryptocurrencies have plunged substantially in the past week, while the global market capitalization dipped by 3.5% daily, currently standing at around $2.35 trillion (per CoinGecko’s data). However, some...

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Crypto Price Analysis June-29: ETH, XRP, ADA, DOGE, and DOT

This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polkadot. Ethereum (ETH) Ethereum fell by 3% this week, and buyers appear to struggle to defend the key support at $3,500. So far, they have managed to prevent a breakdown. If sellers maintain the pressure, ETH could have a difficult week ahead. The past five weekly candles closed with a lower low. This puts the second-largest cryptocurrency in a clear downtrend. To reverse this, ETH has to move...

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The Opportunity Cost of Holding Cardano Instead of BTC: How Much Are ADA Holders Behind?

The theory of crypto market cycles is one that’s been around for many years now. In essence, many traders and analysts are of the opinion that there’s a considerable bull market once every four years, usually predicated by the Bitcoin halving. So far, that has been the case. Within these major cycles, there are usually countless other mini-cycles where, during some instances, certain altcoins perform better than BTC and can deliver larger gains. But the risk of that is that...

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Crypto Price Analysis June-15: ETH, XRP, ADA, DOGE, and DOT

This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polkadot. Ethereum (ETH) Ethereum lost its bullish momentum this week and closed it with a 4.4% loss. Sellers took over the price action and pushed this cryptocurrency to the key support at $3,500. However, this pullback could turn out to be a normal retest, considering the massive breakout after the ETF confirmation. As long as buyers hold the price above $3,500, there is no reason to be too...

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Crypto Price Analysis May-18: ETH, XRP, ADA, SHIB, and DOT

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum finally woke up this week after testing the support at $2,800 and closed with a 7% price increase. Nevertheless, ETH made a new yearly low against Bitcoin. The resistance is at $3,350 and if this momentum continues, it could be tested by the bulls in the coming days. Ideally, Ethereum will break higher soon and return on an uptrend. Looking ahead, ETH could be...

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Crypto Price Analysis May-03: ETH, XRP, ADA, SHIB, and DOT

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum broke under $3,000 and closes this week with a 5% loss. This latest crash in the price made a lower low which shows bears are still in control of the price action. The current support is at $2,900 and buyers have to protect this level at all costs. If they fail, then the next major support will be found at $2,500. Looking ahead, ETH was quickly rejected at the...

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