Tag Archives: Cardano (ADA) Price

Cardano is taking a massive beating throughout the past few days. The cryptocurrency is down a whopping 23% in the last 24 hours alone. The majority of the altcoins are also trading well in the red, triggering liquidations of close to $400 million. Cardano (ADA) and a bunch of other altcoins are plummeting today. ADA alone is down 23% in the past day as investors fear a potential clash with the SEC. Data from Coinglass shows that the entire market’s liquidations have ramped...

This week, we take a closer look at Ripple, Cardano, Binance Coin, Solana, and Polygon. Ripple (XRP) Ripple continues to surprise the market with its strength, considering that in the past week, most altcoins ended up in red. More so, XRP has managed to close in green with a 2.6% increase in price, making it the best performer on our list today. This resilience has taken the price just under the key resistance at 53 cents. Volatility also increased this week, and buyers...

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...

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...

On April 6, Charli3 was launched on Cardano as its first oracle integrator. The platform’s oracles have been integrated by Liqwid, a leading DeFi project on Cardano. Charli3 provides a decentralized node network with the framework for projects to supply secure, accurate, and safe data to their platforms and users. It could be viewed as the Cardano version of Chainlink. Liqwid is an algorithmic liquidity market protocol built on Cardano for lenders and borrowers. The...

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...