Tag Archives: ADAUSD

Cardano starts the monthly opening on a bullish foot with a total of 13% gains over the past hours.The price is increasing following a huge daily buying volume.Against Bitcoin, ADA surged above last month’s high after seeing 11.11% gains today.ADA/USD: Cardano Signals Fresh Increase Key Resistance Levels: $0.095, $0.97, $0.1Key Support Levels: $0.082, $0.075, $0.064ADA/USD. Source: TradingViewThe price of Cardano is up by 12.50% over the past hours due to the weekly recovery in the entire...

Cardano is performing relatively well following a sharp bounce from $0.0637The bounce was followed by a break out from a two weeks resistance lineADA/USD: Cardano’s Price Rejects Near $0.085Key Resistance Levels: $0.0846, $0.088, $0.0917Key Support Levels: $0.074, $0.0688, $0.0631ADA/USD. Source: TradingViewCardano recently broke out from a two-week downtrend to reach $0.084 with small gains over the past hours. Тhe price has currently dropped to $0.815 after witnessing 0.30% losses. The...

Charles Hoskinson, the co-founder of Input Output Hong Kong (IOHK), is getting increasingly upset for being associated with another project he co-founded – Ethereum.Hoskinson Doesn’t Like Being Called Co-Founder of EthereumIn a recent Twitter post, the co-founder of Input Output Hong Kong said that he doesn’t want people to refer to him as the co-founder of Ethereum.“Could you guys just once refer to me as the CEO of IOHK and a founder of Cardano? Honestly, no more interviews if you keep...

Cardano looks for a rebound after losing 10% in the last seven days.The price is currently looking indecisive across trading pairs.It may breakdown if the immediate support fails to hold incoming pressure.ADA/USD: Cardano Looking For A ReboundKey Resistance Levels: $0.085, $0.088, $0.0917Key Support Levels: $0.074, $0.0688, $0.0631After breaking out from a channel to $0.091 earlier this month, Cardano dropped and started to suspended short-term bullish sentiment. However, the trend is still...

Cardano exhausted buying pressure after marking a new yearly high near $0.092.It maintained the same trend across trading pairs as sellers slowly take over in the short-term.The price is currently down by 4%.ADA/USD: Cardano Eyeing $0.070 For Short-Term CorrectionKey Resistance Levels: $0.085, $0.088, $0.0917Key Support Levels: $0.074, $0.0688, $0.0631ADA/USD. Source: TradingViewThe recent 30% increase in Cardano’s price seemed to have exhausted buyers after hitting $0.0917 on June 4. The...

To say that this week has been a wild ride is definitely an understatement. Bitcoin’s price went nuts and kept everyone on edge. In the span of 24 hours, BTC went to surge from $9,400 to almost $10,500 and then back to $9,400 and even lower down to $8,600 on BitMEX. This whole ordeal saw an insane amount of both short and long positions getting liquidated.Interestingly enough, all of this comes as the legacy markets are flying. The S&P 500 is up almost 6% this week alone, while Nasdaq 100...

BitcoinBitcoin may have only seen a small 2.5% price surge over the last week of trading, but it was action-packed. On Monday, it surged from $9,426 and managed to rise as high as $10,430 to re-test the 2020 high.Unfortunately, it was unable to keep itself above $10,000 and dropped lower during the week to land at the $9,426 support. It has since bounced higher as it trades at $9,668.Looking ahead, if the buyers continue, the first level of resistance to overcome lies at $9,815. This is...

Cardano recorded 7% gains to reach $0.0917 in two days as bulls remain in chargeThe price is now facing a crucial resistance line on the hourly chartADA/USD: Cardano Holds Weekly Support At $0.074Key Resistance Levels: $0.0917, $0.095, $0.1Key Support Levels: $0.082, $0.074, $0.07ADA/USD. Source: TradingViewLast week, Cardano saw an impressive increase of almost 20% to reach a three-month high of $0.087 on Binance. The surge was led by a break above the important $0.07 resistance, which...

Cardano founder Charles Hoskinson has finally put a date to the launch of Shelley – the next major milestone in Cardano’s roadmap.According to Hoskinson, the initial phases of Shelley’s arrival will begin as early as June 9 and will be live by June 30 if everything goes ahead as planned.Charles Hoskinson Announces Cardano Shelley UpdateSpeaking on a Cardano Crowdcast podcast, Hoskinson outlined the plan to launch Shelley over the course of the coming month. Hoskinson said:“Guys wanna know...

Despite losing 4% today, Cardano is showing a lot of strength against the Bitcoin.The price is still in favor of the bulls on a short-term perspective.Bears may take over the market if the price drops below the diagonal support on the 4-hours chart.ADA/USD: Cardano Holds Above $0.05 SupportKey Resistance Levels: $0.0577, $0.06, $0.065Key Support Levels: $0.047, $0.041, $0.0372ADA/USD. Source: TradingViewCardano lost 4% over the past hours following a 7-days capitulation to reach $0.05...