Numerous alternative coins are booming during the past 24 hours, while Bitcoin remains stable. Consequently, this has raised the question of whether or not the cryptocurrency market is entering another altcoin season.Altcoins PumpingThe majority of the market is well in the green today, with some impressive gains from altcoins. Yet, none has increased its value from the top 100 coins by market cap more than Dogecoin (DOGE).Its surge of over 50% means that DOGE is now trading at $0.0043 and 46...
Read More »Cardano (ADA) Price Spikes Following Coinbase Custody Staking Announcement
Cardano (ADA) is currently among the best-performing token in the top-10 rankings by market capitalization amid the announcement of future token staking capability on Coinbase Custody.ADA Staking on Coinbase Custody Coming in Q4 2020In a tweet published on Friday, Input Output Hong Kong (IOHK) — the Cardano parent company — announced a partnership with Coinbase Custody to list the ADA token later in the year. As part of the agreement, ADA “bagholders” will be able to enjoy token staking...
Read More »Cardano Price Analysis: ADA Surges 13% And Finally Conquers 1000 SAT
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...
Read More »Locked and Loaded, ADA Bulls Looks For a Bounce Around $0.08. Cardano Price Analysis
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...
Read More »Cardano Price Analysis: After Losing 10% In 7 Days, Can ADA Bounce Back?
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...
Read More »After Making an Yearly High Around $0.09, Cardano Looks to Be Headed Lower. ADA Price Analysis
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...
Read More »Crypto Price Analysis & Overview June 5th: Bitcoin, Ethereum, Ripple, Cardano & CRO
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...
Read More »Cardano Overtakes Tezos As The 10th Largest Cryptocurrency. ADA Price Analysis & Overview
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...
Read More »Cardano Price Analysis: Bulls Appear Strong Against Bitcoin But ADA Price Battles To Stay Above $0.05
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...
Read More »Crypto Price Analysis & Overview May 22nd: Bitcoin, Ethereum, Ripple, Cardano, and TFuel
BitcoinBitcoin saw a 4.4% price decline over the past seven days of trading as the coin trades at $9,115. The cryptocurrency was at the $9,815 resistance level for the majority of the week as it continuously failed to close above it. Bitcoin went on to slide lower from there on Wednesday as it dropped into the $9,400 level.Yesterday, Bitcoin continued to drop further as it dipped beneath $9,000 to reach as low as $8,800. Luckily, the buyers regrouped to push the coin back above $9,000 before...
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