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Tag Archives: Cardano

Cardano (ADA) Price Analysis: Recovery Could Gain Pace Above $0.385

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up ADA price is showing positive signs above the $0.3720 zone against the US Dollar. The price is now trading above $0.375 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.3700 on the 4-hours chart (data feed via Coinbase). The price could gain...

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Charles Hoskinson: Cardano (ADA) is Substantially More Decentralized Than All Cryptocurrencies

Cardano founder Charles Hoskinson believes the project’s decentralization would act as a “wake-up” call for the industry. In a recent update to the community, Hoskinson said ADA is “substantially more decentralized” than all cryptocurrencies in the market. The exec stressed that the Cardano Improvement Proposal (CIP-1694) – which is a mechanism for on-chain governance that will underpin the Voltaire phase of the network – will prove to be a game-changer in the...

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Cardano (ADA) Price Analysis: Bulls Aim Fresh Increase Above $0.38

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up ADA price seems to be forming a support base above the $0.355 level against the US Dollar. The price is now trading above $0.365 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.362 on the 4-hour chart (data feed via Coinbase). The price could...

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We Asked ChatGPT Which 5 Cryptos Will Survive in 10 Years: The Answer Might Surprise You

Many crypto naysayers are heard arguing that most of the existing projects won’t stand the test of time. And it’s true that a lot of them haven’t been existing for a long period. In the grand scheme of things, even Bitcoin is a baby. With that said, we took the opportunity to talk to no other but ChatGPT itself – the AI language model that took the world by storm in the past few months. We decided to ask which five cryptocurrencies will survive in the coming decade. The...

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Cardano (ADA) Price Analysis: Risk of Bearish Thrust Below $0.35

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up ADA price is gaining bearish momentum below the $0.388 support zone against the US Dollar. The price is now trading below $0.380 and the 55 simple moving average (4 hours). There is a short-term rising channel forming with resistance near $0.376 on the 4-hour chart (data feed via Coinbase). The price could...

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Cardano (ADA) Price Analysis: Bears In Control Below $0.4

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up ADA price is showing bearish signs below the $0.40 support zone against the US Dollar. The price is now trading below $0.40 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.375 on the 4-hour chart (data feed via Coinbase). The price could continue to...

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Hydra Upgrade: Cardano’s Layer 2 Scalability Solution Launches on Mainnet, Here’s What to Expect

The Cardano community is expecting at least, three key releases from the platform this year. Cardano may have taken its quest for scalability to another level with its Hydra upgrade which has now gone live on mainnet. The update was shared by Input Output Hong Kong (IOHK), the start-up behind the Cardano protocol. According to IOHK’s Twitter announcement, the first Hydra head has opened on the mainnet. For clarity, the Hydra head is the first member of the Hydra family protocol. And...

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Bitcoin (BTC) Price Jumps Past $29,000 Soon after Fed Rate Hike

Amid the unfolding banking crisis and interest rate hikes, Bitcoin has been showing strong resilience attempting another breakout above $30,000. On Wednesday, May 3, the US Federal Reserve announced another 25 basis points rate hike taking the US funds rate to more than 5% for the first time since 2007. In hours after the Fed announced the rate hike, Bitcoin (BTC) made a quick surge of more than 2% taking the price above $29,000. This Bitcoin price surge amid the recovery in the broader...

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Cardano (ADA) Price Analysis: Upsides Capped Near $0.40

ADA price is showing bearish signs below the $0.412 support zone against the US Dollar. The price is now trading below $0.40 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.3980 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.412 resistance zone. Cardano price is struggling below $0.412 against the US Dollar, similar to Bitcoin. ADA price could...

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Cardano (ADA) Price Analysis: Bears Take Control Below $0.40

ADA price is trading in a bearish zone below the $0.42 support zone against the US Dollar. The price is now trading below $0.40 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.3850 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.40 resistance zone. Cardano price is struggling below $0.40 against the US Dollar, similar to Bitcoin. ADA price could...

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