ADA price started a fresh decline from the $1.60 resistance against the US Dollar. The price is now trading below $1.40 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.312 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.30 support zone. Cardano price is struggling below the $1.32 resistance against the US Dollar, unlike bitcoin. ADA price...
Read More »Cardano Founder Charles Hoskinson Argues Regulators Will Clamp Down on NFTs in 2022
Charles Hoskinson, the founder of Cardano – one of the world’s leading blockchain projects – laid out some thought on the last day of 2021. Yesterday, he went live on an hour-long YouTube video, talking about the past, the present, and the future of Cardano and the industry as a whole. One of the things that Hoskinson mentioned in the video is that 2022 will probably be one of the best years for the industry and for Cardano, specifically. He also outlined that the market grew...
Read More »Charles Hoskinson: This is Cardano’s Roadmap For 2022
Charles Hoskinson, founder of IOHK – the foundation behind Cardano- has shared some of the project’s goals in 2022 via a live Christmas broadcast on Youtube. Hoskinson reflected on the growth of Cardano and the entire crypto industry. He mentioned the non-fungible token (NFT) revolution, the Decentralized Finance (DeFi) boom, and how hackers are targeting DeFi projects, leading to a loss of over $10.5 billion in 2021 alone. Speaking on Cardano’s achievements this year,...
Read More »Cardano (ADA) Price Analysis: Bulls Aim Fresh Increase Above $1.25
ADA price started a fresh decline from the $1.30 resistance against the US Dollar. The price is now trading below $1.25 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.27 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if there is a clear break above the $1.25 and $1.28 levels. Cardano price is struggling below the $1.30 resistance against the US Dollar, unlike bitcoin....
Read More »Wie funktioniert Cardano?
Cardano ist eine mehrschichtige Blockchain-Plattform, die auf Proof-Of-Stake basiert, in der Programmiersprache Haskell geschrieben ist und für die Erstellung dezentraler Anwendungen auf der Grundlage von Smart Contracts entwickelt wurde. Es ist sinnvoll, dass der Schöpfer von Cardano, der Mathematiker Charles Hoskinson, das Projekt Cardano nannte, um eine flexible und interoperable Art von programmierbarem Geld zu schaffen, das auf wissenschaftlichen Methoden basiert, die auf mathematischen...
Read More »Cardano (ADA) Price Analysis: $1.5 Holds The Key For More Gains
ADA price started a recovery wave above the $1.30 and $1.40 resistance levels against the US Dollar. The price is still trading below $1.50 and the 55 simple moving average (4-hours). There was a break above a major declining channel with resistance near $1.35 on the 4-hours chart (data feed via Bitfinex). The price might extend gains if it manages to clear the $1.50 resistance zone. Cardano price is struggling below the $1.50 resistance against the US Dollar, unlike...
Read More »Cardano (ADA) Price Analysis: Risk of Fresh Decline Below $1.5
ADA price is trading in a bearish zone below the $1.70 and $1.60 resistance levels against the US Dollar. The price is now trading below $1.60 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.65 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $1.75 resistance zone. Cardano price is struggling below the $1.75 resistance against the US Dollar,...
Read More »Since Launching Smart Contracts, Cardano (ADA) Price is Down Only
While Ethereum and Bitcoin have touched multiple all-time highs in the last two months, Cardano hasn’t seen any new peaks since September. Launching smart contracts didn’t seem to put much wind in its sails, and its market cap continues to decline. Slow Period for Cardano As of September 2nd, 2021, ADA’s price peaked at over $3, and its market cap nearly surpassed $100 billion. This was followed by a steep dropoff on September 7th alongside the rest of the crypto market, when...
Read More »Cardano (ADA) Price Analysis: Risk of More Losses Below $1.75
ADA price is struggling to clear the $1.85 and $2.00 resistance levels against the US Dollar. The price is now trading below $2.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.84 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $1.85 resistance zone. Cardano price is struggling below the $2.00 resistance against the US Dollar, unlike bitcoin....
Read More »Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.9
ADA price started a major decline from well above $2.20 against the US Dollar. The price is now trading below $2.00 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2.00 on the 4-hours chart (data feed via Bitfinex). The price might extend its decline below the $1.92 support zone in the near term. Cardano price is gaining pace below $2.00 against the US Dollar, unlike bitcoin. ADA price must stay above...
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