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Tag Archives: Cardano

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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Cardano (ADA) Price Analysis: Rally Could Resume Above $0.45

ADA price is gaining pace above the $0.4200 zone against the US Dollar. The price is now trading above $0.400 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.4410 on the 4-hours chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.441 and $0.450 resistance levels. Cardano’s price is rising above $0.400 against the US Dollar, similar to Bitcoin. ADA price could resume its...

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Cardano (ADA) Price Analysis: Rally Could Gain Pace Above $0.42

ADA price is showing positive signs above the $0.3800 zone against the US Dollar. The price is now trading above $0.380 and the 55 simple moving average (4 hours). There was a break above a major contracting triangle with resistance near $0.3910 on the 4-hours chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.410 and $0.420 resistance levels. Cardano price is rising above $0.3850 against the US Dollar, similar to Bitcoin. ADA price...

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